Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £13,895 with a £1,390 deposit total, borrowing £12,506 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £250.26
• Final payment: £4,760.00
• Cash price: £13,895.00
• Customer deposit: £1,389.50
• Total deposit: £1,389.50
• Amount of credit: £12,505.50
• Total amount payable: £17,911.72
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.27%
• APR: 11.90%