Representative Example for Personal Contract Purchase (PCP): Cash price £16,495, Annual Interest Rate (fixed) 11.9% p.a. with a representative 11.9% APR, total amount of credit £14,845.50, deposit of £1,649.50, an initial payment of £287.05, followed by 47 monthly payments of £278.05 with a final payment of £6,750.00, total amount payable is £21,497.85, the annual mileage is 8,000 and the excess mileage fee per mile is 0.12p. Pay monthly the buy, swap or return.