Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £25,145 with a £2,515 deposit total, borrowing £22,631 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £465.94
• Final payment: £8,125.00
• Cash price: £25,145.00
• Customer deposit: £2,514.50
• Total deposit: £2,514.50
• Amount of credit: £22,630.50
• Total amount payable: £33,004.62
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%