Personal Contract Purchase (PCP) representative example
On the road price of £12,000, with a £2,400 customer deposit, borrowing £9,600 at a representative APR of 11.90%
- 47 monthly payments of£198.18
- Final payment£3,294.00
- Total amount payable£15,008.46
- Annual mileage6,000
- Excess mileage charge7p per mile
- Option to purchase fee£10.00
- Rate of interest11.90%


