Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £42,995 with a £4,300 deposit total, borrowing £38,696 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £713.89
• Final payment: £18,317.00
• Cash price: £42,995.00
• Customer deposit: £4,299.50
• Total deposit: £4,299.50
• Amount of credit: £38,695.50
• Total amount payable: £56,169.33
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.29%
• APR: 11.90%