Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £23,295 with a £2,330 deposit total, borrowing £20,966 at a representative APR of 11.90% and the following:

• 43 monthly payments of: £418.84
• Final payment: £9,380.00
• Cash price: £23,295.00
• Customer deposit: £2,329.50
• Total deposit: £2,329.50
• Amount of credit: £20,965.50
• Total amount payable: £29,719.62
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.28%
• APR: 11.90%