FULL REPRESENTATIVE EXAMPLE

Conditional Sale

Model
Vivaro Electric 3100 100kW Prime 50kWh L1H1 Van Auto (136PS)
Colour
Quartz Silver (Metallic Paint)
60 monthly payments of £675.00
On-the-road cash price including customer saving and PIVG (£5,000) £45,096.00
Customer cash deposit £3,898.87
20% VAT in advance £8,340.17
Total customer deposit £12,239.04
Total amount of credit £32,856.96
Interest charges £7,643.04
Total amount payable £52,739.04
Fixed rate of interest per year, true 4.65%
Duration of agreement (months) 60
APR% Representative 8.90%