Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £20,695 with a £2,070 deposit total, borrowing £18,626 at a representative APR of 12.90% and the following:

• 39 monthly payments of: £388.57
• Final payment: £8,850.00
• Cash price: £20,695.00
• Customer deposit: £2,069.50
• Total deposit: £2,069.50
• Amount of credit: £18,625.50
• Total amount payable: £26,462.30
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%