Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £11,495 with a £1,150 deposit total, borrowing £10,346 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £185.46
• Final payment: £5,218.00
• Cash price: £11,495.00
• Customer deposit: £1,149.50
• Total deposit: £1,149.50
• Amount of credit: £10,345.50
• Total amount payable: £15,084.12
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.27%
• APR: 11.90%