REPRESENTATIVE FINANCE EXAMPLE

Personal Contract Purchase

Model
VIVARO L1 DIESEL 2900 1.5d 100PS Prime H1 Van
Paint
Brilliant Paint
47 monthly payments of £436.53
On-The Road cash price (inc PiVG Grant saving) £31,893.00 
Vauxhall deposit contribution £0.00
Customer deposit £6,378.62
Total amount of credit £25,514.48
Total Interest Charges £4,809.43
Total amount payable £36,702.53
Optional Final Payment (GFV) £9,807.00
Fixed rate of interest per year, true 6.90% 
Annual mileage 10,000
Excess mileage charge, per mile £0.09
Duration of agreement (months) 48
APR % Representative 6.90%
PiVG = Plug in Van Grant - The plug-in vehicle grant (PIVG) scheme portal allows: a Retailer to submit the required information about the vehicle for which a grant is being claimed. A customer purchasing a vehicle to have the PIVG grant deducted from the vehicle price at the point of sale