REPRESENTATIVE FINANCE EXAMPLE

Personal Contract Purchase

Model
VIVARO L1 ELECTRIC 3100 100kW Prime 50kWh H1 Van Auto
Paint
Brilliant Paint
47 monthly payments of £655.50
On-The Road cash price (inc PiVG Grant saving) £45,605.00 
Vauxhall deposit contribution £0.00
Customer deposit £9,121.07
Total amount of credit £29,081.60
Total Interest Charges £5,622.10
Total amount payable £52,267.57
Optional Final Payment (GFV) £12,338.00
Fixed rate of interest per year, true 6.90% 
Annual mileage 10,000
Excess mileage charge, per mile £0.09
Duration of agreement (months) 48
APR % Representative 6.90%
PiVG = Plug in Van Grant - The plug-in vehicle grant (PIVG) scheme portal allows: a Retailer to submit the required information about the vehicle for which a grant is being claimed. A customer purchasing a vehicle to have the PIVG grant deducted from the vehicle price at the point of sale