Personal Contract Purchase (PCP) representative example
On the road price of £25,000, with a £5,000 customer deposit, borrowing £20,000 at a representative APR of 11.90%
- 47 monthly payments of£331.82
- Final payment£11,672.00
- Total amount payable£32,267.54
- Annual mileage6,000
- Excess mileage charge18p per mile
- Option to purchase fee£10.00
- Rate of interest11.90%
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Mercedes Benz GLB 200 AMG Line Auto Estate
- 2021
- 30000 miles
- Petrol
- Automatic
£25,000
£331.82
P/M PCP 