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Personal Contract Purchase (PCP) Representative example -Vauxhall Mokka Electric HB 100kWh SRI Premium 50 kWh 5 door auto
Monthly payment £345.00
Duration ( Months)49
Customer Deposit£3526.09
Cash price £30435.00
Dealer finance contribution£500.00
Total amount of credit £26408.91
Optional final payment£14721.00
Purchase Arrangement fee£0.00
Credit arrangement fee£0.00
Total amount payable£35307.09
Duration ( Months)49
Fixed interest rate p.a. 5.75%
APR Representative5.90%
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.