Finance Representative Example ()
Total cash price £.
Borrowing £ with a
£ deposit at a representative APR of
%.
Total amount payable £.
| monthly payments of |
£ |
| Representative APR |
% |
| Fixed interest rate |
% |
| Final payment |
£ |
| Option to purchase fee |
£ |
| Total amount of credit |
|
| Interest charges of |
£ |
| Annual mileage limit |
|
| Excess mileage fee |
p / per mile |
|
monthly payments of |
Representative APR |
Fixed interest rate |
Final payment |
Option to purchase fee |
Total amount of credit |
Interest charges of |
Annual mileage limit |
Excess mileage fee |
|
£ |
% |
% |
£ |
£ |
|
£ |
|
p / per mile |
At the end of your PCP agreement, there are 3 options available to you. These are 1. Pay the finance company the final payment and keep the car. 2. Give back the car under the terms of the guaranteed future value. 3. Part exchange the car at a dealership who will pay off the final payment for you.
Dicksons of Forres Limited T/A Dicksons of Inverness, CARZAR & carzarcars.co.uk is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486). Permitted activities include advising on and arranging general insurance contracts and acting as a credit broker not a lender.
We can introduce you to a limited number of finance providers. We do not charge a fee for our Consumer Credit services. We do not act as a financial adviser, or fiduciary. We act in our own interest, whichever lender we introduce you to, we will typically receive commission from them based on either a fixed fee or a fixed percentage of the amount you borrow. Any and all commission amounts will be fully disclosed to you as part of your sales journey. You will be required to give your fully informed consent to our receipt of this commission. By doing this, you acknowledge that you understand our role as a credit broker, and that we will receive a financial incentive if you take out a loan from a lender that we introduce you to.
All finance applications are subject to status, terms and conditions apply, UK residents only, 18s or
over, Guarantees may be required.
