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Finance representative example (LP)
Total cash price of £53,000, with a £5,300 customer deposit, borrowing £47,700 at a representative APR of 12.90%
- 47 monthly payments of £798.02
- Fixed rate of interest per annum 12.90%
- Final payment £29,240.10
- Amount of credit £47,700.00
- Total amount payable £72,047.04
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