Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £8,995 with a £900 deposit total, borrowing £8,096 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £191.19
• Final payment: £1,591.00
• Cash price: £8,995.00
• Customer deposit: £899.50
• Total deposit: £899.50
• Amount of credit: £8,095.50
• Total amount payable: £11,476.43
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.16%
• APR: 12.90%