Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £24,145 with a £2,415 deposit total, borrowing £21,731 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £424.26
• Final payment: £9,225.00
• Cash price: £24,145.00
• Customer deposit: £2,414.50
• Total deposit: £2,414.50
• Amount of credit: £21,730.50
• Total amount payable: £32,003.98
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%