Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £23,995 with a £2,400 deposit total, borrowing £21,596 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £388.64
• Final payment: £11,584.00
• Cash price: £23,995.00
• Customer deposit: £2,399.50
• Total deposit: £2,399.50
• Amount of credit: £21,595.50
• Total amount payable: £32,249.58
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.18%
• APR: 12.90%