Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £24,395 with a £2,440 deposit total, borrowing £21,956 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £411.77
• Final payment: £10,770.00
• Cash price: £24,395.00
• Customer deposit: £2,439.50
• Total deposit: £2,439.50
• Amount of credit: £21,955.50
• Total amount payable: £32,562.69
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.18%
• APR: 12.90%