Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £19,645 with a £1,965 deposit total, borrowing £17,681 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £338.78
• Final payment: £7,900.00
• Cash price: £19,645.00
• Customer deposit: £1,964.50
• Total deposit: £1,964.50
• Amount of credit: £17,680.50
• Total amount payable: £26,125.94
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%