Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £24,645 with a £2,465 deposit total, borrowing £22,181 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £404.03
• Final payment: £11,200.00
• Cash price: £24,645.00
• Customer deposit: £2,464.50
• Total deposit: £2,464.50
• Amount of credit: £22,180.50
• Total amount payable: £33,057.94
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%