Personal Contract Purchase (PCP) representative example
On the road price of £21,250, with a £4,250 customer deposit, borrowing £17,000 at a representative APR of 11.90%
- 47 monthly payments of£287.43
- Final payment£9,602.00
- Total amount payable£27,361.21
- Annual mileage6,000
- Excess mileage charge16p per mile
- Option to purchase fee£10.00
- Rate of interest11.90%
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Mini Copper 1.5 Exclusive Auto
- 2022
- 22283 miles
- Petrol
- Automatic
£21,250
£287.43
P/M PCP 