Credit rating
Move the slider left to right to indicate your credit rating either Excellent, Very Good, Good, Average or Poor. The better your credit rating the lower your monthly payments.
Deposit amount
Slide the deposit amount left to right to increase or decrease deposit amount. The more deposit you can add the lower your monthly payments.
Payment period
Slide the payment period slider left to right to increase or decrease the term length.
Annual mileage for PCP
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HP Finance
Representative Example
|
|
| Car Price | £4000 |
| Deposit Amount | |
| Balance to finance | |
First Payment
includes admin fee:
| |
Final payment
includes purchase fee:
| |
| Term length | |
| Total Amount Payable | £27,500 |
| Interest charges | £2,500 |
| Representative APR | 9.5% |
Interest Rate (fixed)
| 4.4% |
| Weekly equivalent | £125 |
PCP Breakdown:
| Car Price | £ 1000 |
| Deposit Amount | |
| Balance to finance | |
First Payment
includes admin fee:
| |
| |
Final payment
includes balloon fee:
| |
| Annual mileage | 0 |
| Total Amount Payable | £27,500 |
| Interest charges | £2,500 |
| APR | 9.5% |
Flat rate
| 4.4% |
| Weekly equivalent | £125 |
| Term length | |
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