Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £42,645 with a £4,265 deposit total, borrowing £38,381 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £670.33
• Final payment: £21,150.00
• Cash price: £42,645.00
• Customer deposit: £4,264.50
• Total deposit: £4,264.50
• Amount of credit: £38,380.50
• Total amount payable: £57,590.34
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%