Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £49,495 with a £4,950 deposit total, borrowing £44,546 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £828.81
• Final payment: £22,253.00
• Cash price: £49,495.00
• Customer deposit: £4,949.50
• Total deposit: £4,949.50
• Amount of credit: £44,545.50
• Total amount payable: £66,156.57
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%