PCP Calcs online

[So]

We're picking up a car on Saturday where the deal looks like this:

Purchase price: £24400.01
Deposit: £0
APR 2.9%
48 Months
47 payments of £332.19
1 payment of £10,832.48

However when I put the numbers into online PCP calculators none of them agree on the monthly figure. Several make the above monthly figure about £5 less.

Firstly, does anyone know why the online calcs vary and secondly does anyone know of an accurate one please?

Many thanks

[coljoh148]

331.90 I'm at.

Ask them, I nearly got chewed to the tune of 20 a month once, I wonder how many people don't actually check and just accept it's right!?

Edited by coljoh148 on Thursday 8th March 19:01

[coljoh148]

331.90 I'm at.

Ask them, I nearly got chewed to the tune of 20 a month once, I wonder how many people don't actually check and just accept it's right!?

Edited by coljoh148 on Thursday 8th March 20:07

[CaptainSlow]

I get to £332.15

[Elysium]

So said:

We're picking up a car on Saturday where the deal looks like this:

Purchase price: £24400.01
Deposit: £0
APR 2.9%
48 Months
47 payments of £332.19
1 payment of £10,832.48

However when I put the numbers into online PCP calculators none of them agree on the monthly figure. Several make the above monthly figure about £5 less.

Firstly, does anyone know why the online calcs vary and secondly does anyone know of an accurate one please?

Many thanks

£331.90 here:

https://www.thecalculatorsite.com/finance/calculat...

The slight differences will relate to fees, which are included in the APR, but payable at different points in time. Usually there is a kick off finance fee and a settlement fee at the end.

[So]

coljoh148 said:

331.90 I'm at.

Ask them, I nearly got chewed to the tune of 20 a month once, I wonder how many people don't actually check and just accept it's right!?

Edited by coljoh148 on Thursday 8th March 19:01

Ah, perhaps that's the issue. I put in the repayment period as the agreement length - i.e. 48 months.

[coljoh148]

There will be a finance arrangement fee or something worked in no doubt.