Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £21,995 with a £2,200 deposit total, borrowing £19,796 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £386.93
• Final payment: £8,763.00
• Cash price: £21,995.00
• Customer deposit: £2,199.50
• Total deposit: £2,199.50
• Amount of credit: £19,795.50
• Total amount payable: £29,148.21
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.18%
• APR: 12.90%