Personal Contract Purchase (PCP) representative example
On the road price of £16,750, with a £3,350 customer deposit, borrowing £13,400 at a representative APR of 11.90%
- 47 monthly payments of£221.82
- Final payment£7,850.00
- Total amount payable£21,625.54
- Annual mileage6,000
- Excess mileage charge12p per mile
- Option to purchase fee£10.00
- Rate of interest11.90%

