Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £52,495 with a £5,250 deposit total, borrowing £47,246 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £878.94
• Final payment: £23,608.00
• Cash price: £52,495.00
• Customer deposit: £5,249.50
• Total deposit: £5,249.50
• Amount of credit: £47,245.50
• Total amount payable: £70,167.68
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%