Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £28,595 with a £2,860 deposit total, borrowing £25,736 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £489.14
• Final payment: £11,331.00
• Cash price: £28,595.00
• Customer deposit: £2,859.50
• Total deposit: £2,859.50
• Amount of credit: £25,735.50
• Total amount payable: £37,180.08
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.29%
• APR: 11.90%