Used Vehicles

Personal Contract Purchase (PCP) representative example

Based on a cash price of £29,995 with a £3,000 deposit total, borrowing £26,996 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £498.04
• Final payment: £13,742.00
• Cash price: £29,995.00
• Customer deposit: £2,999.50
• Total deposit: £2,999.50
• Amount of credit: £26,995.50
• Total amount payable: £40,149.38
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.19%
• APR: 12.90%