Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £9,995 with a £1,000 deposit total, borrowing £8,996 at a representative APR of 12.90% and the following:

• 48 monthly payments of: £194.59
• Final payment: £2,680.00
• Cash price: £9,995.00
• Customer deposit: £999.50
• Total deposit: £999.50
• Amount of credit: £8,995.50
• Total amount payable: £13,019.82
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.16%
• APR: 12.90%