Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £14,945 with a £1,495 deposit total, borrowing £13,451 at a representative APR of 12.90% and the following:

• 36 monthly payments of: £303.57
• Final payment: £6,000.00
• Cash price: £14,945.00
• Customer deposit: £1,494.50
• Total deposit: £1,494.50
• Amount of credit: £13,450.50
• Total amount payable: £18,726.59
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%