Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £66,695 with a £6,670 deposit total, borrowing £60,026 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £1,151.70
• Final payment: £27,877.00
• Cash price: £66,695.00
• Customer deposit: £6,669.50
• Total deposit: £6,669.50
• Amount of credit: £60,025.50
• Total amount payable: £88,676.40
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%