Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £41,145 with a £4,115 deposit total, borrowing £37,031 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £702.56
• Final payment: £16,975.00
• Cash price: £41,145.00
• Customer deposit: £4,114.50
• Total deposit: £4,114.50
• Amount of credit: £37,030.50
• Total amount payable: £54,812.38
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%