Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £18,495 with a £1,850 deposit total, borrowing £16,646 at a representative APR of 12.90% and the following:

• 40 monthly payments of: £365.91
• Final payment: £6,700.00
• Cash price: £18,495.00
• Customer deposit: £1,849.50
• Total deposit: £1,849.50
• Amount of credit: £16,645.50
• Total amount payable: £23,551.81
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%