Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £23,645 with a £2,365 deposit total, borrowing £21,281 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £438.40
• Final payment: £7,625.00
• Cash price: £23,645.00
• Customer deposit: £2,364.50
• Total deposit: £2,364.50
• Amount of credit: £21,280.50
• Total amount payable: £31,032.70
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%