USED CARS BRIDGEND
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Personal Contract Purchase (PCP) representative example.
Based on a cash price of £11,495 with a £1,149.50 customer deposit, borrowing £10,345.50 at a representative APR of 8.9% and the following:
48 monthly payments of
£188.06
Fixed rate of interest per annum
4.61%
Option-to-purchase fee
£0
Optional final payment
£3,858.23
Amount of interest
£2,539.61
Total amount payable
£14,034.61
Annual mileage limit
6,000 miles
Excess Mileage Charge
14.9p Per mile
48 Monthly Payments of £188.06. Fixed rate of interest per annum 4.61%. Option-to-purchase fee £0. Optional final payment £3,858.23. Amount of interest £2,539.61. Total amount payable £14,034.61. Annual mileage limit 6,000 miles. Excess mileage charge 14.9p per mile.