Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £50,995 with a £5,100 deposit total, borrowing £45,896 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £877.68
• Final payment: £19,889.00
• Cash price: £50,995.00
• Customer deposit: £5,099.50
• Total deposit: £5,099.50
• Amount of credit: £45,895.50
• Total amount payable: £66,239.46
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.29%
• APR: 11.90%