Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £38,995 with a £3,900 deposit total, borrowing £35,096 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £671.09
• Final payment: £16,437.00
• Cash price: £38,995.00
• Customer deposit: £3,899.50
• Total deposit: £3,899.50
• Amount of credit: £35,095.50
• Total amount payable: £51,877.73
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%