Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £11,645 with a £1,165 deposit total, borrowing £10,481 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £188.34
• Final payment: £5,450.00
• Cash price: £11,645.00
• Customer deposit: £1,164.50
• Total deposit: £1,164.50
• Amount of credit: £10,480.50
• Total amount payable: £15,654.82
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%