Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £73,995 with a £7,400 deposit total, borrowing £66,596 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £1,242.94
• Final payment: £33,034.00
• Cash price: £73,995.00
• Customer deposit: £7,399.50
• Total deposit: £7,399.50
• Amount of credit: £66,595.50
• Total amount payable: £98,851.68
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%