Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £26,445 with a £2,645 deposit total, borrowing £23,801 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £445.22
• Final payment: £11,300.00
• Cash price: £26,445.00
• Customer deposit: £2,644.50
• Total deposit: £2,644.50
• Amount of credit: £23,800.50
• Total amount payable: £35,315.06
• Option to purchase fee: £0.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%