Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £18,495 with a £1,850 deposit total, borrowing £16,646 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £298.10
• Final payment: £8,413.00
• Cash price: £18,495.00
• Customer deposit: £1,849.50
• Total deposit: £1,849.50
• Amount of credit: £16,645.50
• Total amount payable: £24,273.20
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.28%
• APR: 11.90%