Used Black Cars

Personal Contract Purchase (PCP) representative example

Based on a cash price of £8,145 with a £815 deposit total, borrowing £7,331 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £157.30
• Final payment: £2,161.00
• Cash price: £8,145.00
• Customer deposit: £814.50
• Total deposit: £814.50
• Amount of credit: £7,330.50
• Total amount payable: £10,368.60
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.26%
• APR: 11.90%