Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £22,645 with a £2,265 deposit total, borrowing £20,381 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £374.14
• Final payment: £9,758.00
• Cash price: £22,645.00
• Customer deposit: £2,264.50
• Total deposit: £2,264.50
• Amount of credit: £20,380.50
• Total amount payable: £29,607.08
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.28%
• APR: 11.90%