Personal Contract Purchase (PCP) Representative example -Vauxhall Astra Hatchback 1.6 Hybrid GS line 5 door
Monthly payment£390.00
Duration ( Months)49
Customer Deposit£3515.91.00
Cash price£24173.98
Dealer finance contribution£750.00
Total amount of credit£27934.09
Optional final payment£13285.00
Purchase Arrangement fee£0.00
Credit arrangement fee£0.00
Total amount payable£36270.91
Duration ( Months)49
Fixed interest rate p.a.4.79%
APR Representative4.90%
Annual Mileage8000.00
Additional mileage rate0.09
At the end of the agreement there are 3 options: (i) Renew: Part exchange the vehicle. (ii) Retain: Pay the Optional Final Payment to own the vehicle or (iii) Return the vehicle.