Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £26,445 with a £2,645 deposit total, borrowing £23,801 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £460.20
• Final payment: £10,014.00
• Cash price: £26,445.00
• Customer deposit: £2,644.50
• Total deposit: £2,644.50
• Amount of credit: £23,800.50
• Total amount payable: £34,287.90
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.29%
• APR: 11.90%