Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £17,525 with a £1,753 deposit total, borrowing £15,773 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £291.60
• Final payment: £7,700.00
• Cash price: £17,525.00
• Customer deposit: £1,752.50
• Total deposit: £1,752.50
• Amount of credit: £15,772.50
• Total amount payable: £23,449.30
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%