Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £18,295 with a £1,830 deposit total, borrowing £16,466 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £317.90
• Final payment: £7,527.00
• Cash price: £18,295.00
• Customer deposit: £1,829.50
• Total deposit: £1,829.50
• Amount of credit: £16,465.50
• Total amount payable: £24,297.80
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.18%
• APR: 12.90%