Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £36,995 with a £3,700 deposit total, borrowing £33,296 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £648.05
• Final payment: £14,906.00
• Cash price: £36,995.00
• Customer deposit: £3,699.50
• Total deposit: £3,699.50
• Amount of credit: £33,295.50
• Total amount payable: £49,063.85
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%