Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £17,800 with a £1,780 deposit total, borrowing £16,020 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £307.50
• Final payment: £7,125.00
• Cash price: £17,800.00
• Customer deposit: £1,780.00
• Total deposit: £1,780.00
• Amount of credit: £16,020.00
• Total amount payable: £23,665.00
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%