Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £24,995 with a £2,500 deposit total, borrowing £22,496 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £419.65
• Final payment: £11,171.00
• Cash price: £24,995.00
• Customer deposit: £2,499.50
• Total deposit: £2,499.50
• Amount of credit: £22,495.50
• Total amount payable: £33,394.05
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.18%
• APR: 12.90%