1.

• Contract Term
  The length of the contract in months



• Contract Mileage
  The total business plus private mileage over the contract term



• Combined MPG
  The average fuel consumption in miles per gallon for a combined test cycle (urban + extra-urban)



• P11D information (for company provided cars)
  for a detailed explanation of P11D values and taxation click here



• CO2
  The measurement of CO2 emissions in grams per kilometre, which is used to calculate personal taxation



• Engine CC
  The engine capacity in cubic centimetres



• Quote Expiry Date
  You may place an order online at the price quoted for a car up to and including the quote expiry date. Very rarely, the date that is displayed may have already expired. In these circumstances the quote will be indicative, so please contact us directly if you want to order the car and confirm the quote details.(More detailed quote and service information may be displayed for Fleet Managers.)



• Services and Insurances Included
  This details any services and insurances that are provided within the terms of your contract in addition to the car itself.



• Excess/Additional Mileage Charges
  These are charges to cover the additional depreciation and maintenance costs of the car, should you return it with a mileage that is over and above the contracted mileage.

• Deposit
  The amount of any up-front payment that is required at the commencement of the contract.



• Amount of Credit for Purchase of Vehicle Inc VAT (£)
  The total amount that will be financed to purchase the car including any options that have been selected. The value excludes any additional services associated with the contract such as servicing, which is detailed separately.



• Interest Charges
  The total interest that you would pay over the term of the loan



• Administration Fee
  This fee is charged only if you wish to meet the final ment to purchase the car at the end of the contract. When this is paid with the final payment, no more payments are due for the purchase of the car. Alternatively the car can be returned at the end of the contract term and you can order a brand new car with Alphabet.



• Credit Arrangement Fee
  A one-off fee payable with the First Monthly ment.



• Total Charge for Credit
  The total interest and other finance related charges (CAF) that you would pay over the term of the loan.



• Final Payment
  The amount that you would pay if you wanted to keep the vehicle. It is also the guaranteed amount that Alphabet would buy the vehicle back from you at the end of your contract.



• Total Amount Payable
  The total amount that will be payable to purchase the car over the full contract. Note that if you intend to return the car to Alphabet at the end of the contract term, the final ment and administration fee will not be payable and will be deducted from this amount.



• APR (%)
  The Annual Percentage Rate (APR) is the interest rate charge on a loan. This figure takes into account not only the interest payable over the term of the loan but also any other related charges or fees. The APR is the best measure for comparing the cost of borrowing from one provider to another, providing that all other parameters are consistent.



• Monthly Loan Repayment and Interest (£)
  The total of the monthly payments for financing your car, but excludes the cost of any additional services that may also be due.



• Monthly Maintenance Services
  The cost of the other non-financial services included within the agreement (if applicable).



• Monthly Insurance Premium (inc. IPT)
  The cost of the insurance provision (if applicable), including Insurance Premium Tax (IPT).



• Total Monthly Payment
  The total sum of the monthly payments for financing your car, in addition to the cost of any additional services such as maintenance and insurance that are included in your contract.



• Additional Mileage Charges for Depreciation (Pence per mile)
  In the event that your car is returned with a higher mileage than has been contracted, the value of the car will be lower than budgeted for at the start of the contract. This charge is made to cover the reduction in the value of the car. The charge is not made if you decide to keep the car by paying the final ment and administration fee.



• Additional Mileage Charges for Maintenance (Pence per mile) Inc VAT
  This will apply if you have maintenance included in your contract. In the event that your car is returned with a higher mileage than has been contracted, the cost of maintenance on the car will be higher than budgeted for at the start of the contract. This charge is made to cover this increase in the maintenance costs for the car. The charge is not made if you decide to keep the car by paying the final ment and administration fee.



• Services and Insurances Included
  Details of any services and insurances that are provided within the terms of your contract in addition to the car itself.

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