Used Cars

Personal Contract Purchase (PCP) representative example

Based on a cash price of £27,645 with a £2,765 deposit total, borrowing £24,881 at a representative APR of 9.90% and the following:

• 47 monthly payments of: £423.53
• Final payment: £12,116.02
• Cash price: £27,645.00
• Customer deposit: £2,764.50
• Total deposit: £2,764.50
• Amount of credit: £24,880.50
• Total amount payable: £34,786.43
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 9.90%
• APR: 9.90%