Used Cars

Personal Contract Purchase (PCP) representative example

Based on a cash price of £13,295 with a £1,330 deposit total, borrowing £11,966 at a representative APR of 9.90% and the following:

• 47 monthly payments of: £224.77
• Final payment: £4,622.83
• Cash price: £13,295.00
• Customer deposit: £1,329.50
• Total deposit: £1,329.50
• Amount of credit: £11,965.50
• Total amount payable: £16,516.52
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 9.90%
• APR: 9.90%