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Representative Finance Example: BMW M135i xDrive Sports Hatch 5-door.
Cash price (inc. VAT) | Deposit | Amount of credit | Excess mileage | Balance Payable | Total Amount Payable | Rate of Interest | APR% | 47 Monthly Rentals | Optional Final Rental |
£39,035.00 | £4,592.63 | £34,442.37 | 10.36p per mile | £45,945.52 | £45,945.52 | 6.9% fixed | 6.9% | £528.27 | £16,524.20 |
Grevan Cars, trading as Ocean, is a credit broker and not a lender. Maximum Annual Mileage: 8000 miles for each period of 12 months commencing from the date of this Agreement. Maximum Total Mileage for Period of Hire: 32000 miles (which shall be pro-rated for earlier termination). If the Annual Mileage or Total Mileage figures shown above are exceeded, an Excess Mileage charge of 10.36 pence per mile (exc. VAT) will be incurred.