Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £62,145 with a £6,215 deposit total, borrowing £55,931 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £1,028.62
• Final payment: £26,668.00
• Cash price: £62,145.00
• Customer deposit: £6,214.50
• Total deposit: £6,214.50
• Amount of credit: £55,930.50
• Total amount payable: £81,227.64
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.29%
• APR: 11.90%