Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £28,395 with a £2,840 deposit total, borrowing £25,556 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £506.92
• Final payment: £10,865.00
• Cash price: £28,395.00
• Customer deposit: £2,839.50
• Total deposit: £2,839.50
• Amount of credit: £25,555.50
• Total amount payable: £37,529.74
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.18%
• APR: 12.90%