Personal Contract Purchase (PCP) Representative example -Vauxhall Grandland Hatchback 1.6 Hybrid GS Line 5 door Auto
Monthly payment £399.99
Duration ( Months)49
Customer Deposit£3000.00
Cash price £33404.55
Dealer finance contribution£1250.00
Total amount of credit £29154.55
Optional final payment£14239.00
Purchase Arrangement fee£0.00
Credit arrangement fee£0.00
Total amount payable£37688.52
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.