Representative finance example - Brand New MINI Convertible | |
---|---|
£425 | Monthly payment |
£1,499 | Deposit |
47 | Term (months) |
5.5% | Fixed interest rate |
£29,546 | Cash price |
£663.87 | Arnold Clark deposit |
£27,383.13 | Credit amount |
£12,868.07 | Guaranteed future value |
£35,005.94 | Total amount payable |
32,000 | Contract mileage |
8.81p per mile | Excess mileage charge |
6.9% APR | Representative |