Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £21,495 with a £2,150 deposit total, borrowing £19,346 at a representative APR of 11.90% and the following:

• 38 monthly payments of: £412.00
• Final payment: £8,985.00
• Cash price: £21,495.00
• Customer deposit: £2,149.50
• Total deposit: £2,149.50
• Amount of credit: £19,345.50
• Total amount payable: £26,790.50
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.28%
• APR: 11.90%