Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £34,145 with a £3,415 deposit total, borrowing £30,731 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £542.16
• Final payment: £16,600.00
• Cash price: £34,145.00
• Customer deposit: £3,414.50
• Total deposit: £3,414.50
• Amount of credit: £30,730.50
• Total amount payable: £46,038.18
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%