Used Cars

Personal Contract Purchase (PCP) representative example

Based on a cash price of £31,745 with a £3,175 deposit total, borrowing £28,571 at a representative APR of 9.90% and the following:

• 47 monthly payments of: £464.61
• Final payment: £15,153.30
• Cash price: £31,745.00
• Customer deposit: £3,174.50
• Total deposit: £3,174.50
• Amount of credit: £28,570.50
• Total amount payable: £40,164.47
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 9.90%
• APR: 9.90%