Used red smart for sale
Personal Contract Purchase (PCP) representative example
Based on a cash price of £12,550 with a £2,000 customer deposit, borrowing £10,550 at a representative APR of 11.4% and the following:
- 48 monthly payments of
- £194.03
- Fixed rate of interest per annum
- 5.93%
- Option-to-purchase fee
- £10
- Optional final payment
- £5,005.00
- Amount of interest
- £3,768.44
- Total amount payable
- £16,318.44
- Annual mileage limit
- 8,000 miles
- Excess mileage charge
- 4p per mile