Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £40,145 with a £4,015 deposit total, borrowing £36,131 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £668.20
• Final payment: £17,625.00
• Cash price: £40,145.00
• Customer deposit: £4,014.50
• Total deposit: £4,014.50
• Amount of credit: £36,130.50
• Total amount payable: £53,713.10
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%