Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £21,445 with a £2,145 deposit total, borrowing £19,301 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £348.85
• Final payment: £9,565.00
• Cash price: £21,445.00
• Customer deposit: £2,144.50
• Total deposit: £2,144.50
• Amount of credit: £19,300.50
• Total amount payable: £28,105.45
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.28%
• APR: 11.90%