Motor Industry Code of Practice Service and Repair

Finance Quotation

Finance packages can be tailored to suit your requirements. Here is an example.

Cash Price of Goods (Inc.VAT) £ 18950.00 A
Deposit or Part Exchange £ 3000.00 B
Balance to finance £ 15950.00 C
Interest charges £ 4666.12 D
Acceptance fee £ 145.00 E
Credit Facility Fee £ 140.00 F
Option To Purchase Fee £ 10.00 G
Total Charges for Credit £ 4961.12 H= D + E + F + G
Balance Payable £ 20911.12 C + H
Total amount payable £ 23911.12 A + H
Annual Percentage Rate (APR) 12.0%
Balance Payable By:
1 monthly payments of £ 444.61
41 monthly payments of £ 299.61
1 optional final payment of £ 8182.50