Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £28,445 with a £2,845 deposit total, borrowing £25,601 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £458.51
• Final payment: £12,937.00
• Cash price: £28,445.00
• Customer deposit: £2,844.50
• Total deposit: £2,844.50
• Amount of credit: £25,600.50
• Total amount payable: £37,331.47
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.29%
• APR: 11.90%