Finance representative example Personal Contract Purchase: Payable by 47 payments of £124.66 and a final payment of £4,235.03 Payments are based on a duration of agreement of 48 Months, 10000 miles per annum, a Cash Price OTR of £9,245.00 with a deposit of £2,000.00 leaving an amount of credit of £7,245.00. The agreement is calculated using a fixed rate of interest of 6.72% per year resulting in Representative 12.9% APR and a total amount payable of £12,094.05. Excess mileage charged at 3.13 pence per mile.