Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £14,245 with a £1,425 deposit total, borrowing £12,821 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £233.27
• Final payment: £6,262.00
• Cash price: £14,245.00
• Customer deposit: £1,424.50
• Total deposit: £1,424.50
• Amount of credit: £12,820.50
• Total amount payable: £18,650.19
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.28%
• APR: 11.90%