Finance Example
Hire Purchase*
California Ocean finance offer from £406.67 per month. 7.7% APR Representative.
Representative example for California Ocean 2.0 TDI BMT 150PS DSG subject to a 36 month, 10,000 mile per annum agreement.
| Period of Hire |
119 Months |
| Cash Price (including VAT) |
£54,093.00 |
| Less: Advance payment/allowance** |
£20,000.00 |
| Balance of cash price/amount of credit |
£34,093.00 |
| Add Charges |
£14,300.73 |
| Balance |
£48,393.73 |
| Acceptance fee payable with first rental |
£0.00 |
| Purchase fee payable with final rental |
£10.00 |
| Total amount payable |
£68,403.73 |
| Annual Percentage Rate (APR) |
7.7% |
| Balance payable by 119 monthly rentals of |
£406.67 |
| Total monthly payment |
£406.67 |
**PAYABLE BY ONE PAYMENT ON OR BEFORE ENTERING INTO AGREEMENT
Where indicated ‘*’ we have made assumptions as to what these items are to be and made our calculations accordingly. If any of these assumptions are incorrect we shall be pleased to supply a further quotation upon request by you if you give us the correct information.
Please note that this quotation will apply for 30 days from the above date subject to changes in vehicle or equipment prices, prevailing interest rates or any relevant changes in the law. It is not an offer by us capable of acceptance by you and a proposal based on this quotation will be subjected to acceptance by Volkswagen Commercial Vehicle Financial Services.
BE SURE THAT YOU CAN AFFORD THE REPAYMENTS BEFORE GETTING INTO A CREDIT AGREEMENT. AN INDEMNITY MAY BE REQUIRED IN CERTAIN CIRCUMSTANCES.
LICENSED CREDIT BROKERS