Skip to main content
Tips and advice
Electric & hybrid
Gift guides
Just for fun
Heritage
Business news

Recent articles

Photo Feed

View on Instagram

Associated with

  • Ben Logo
  • Santander Logo
  • BVRLA Logo
  • MotoNovo Logo
  • Motor Ombudsman Logo
  • Top Track 100 Logo
  • Premia Solutions Logo
  • Solera CAP HPI Logo

Representative finance example: Personal Contract Purchase (PCP)

Representative APR%
9.90% APR 		 First Payment
£249.71		 46 Monthly
payments of
£249.71		 Optional final
payment
£9,090.00		 On the road
price
£20,000.00		 Term of
agreement
48 months		 Customer deposit
£4,000.00
Amount of credit
£16,000.00		 Cost of credit
£4,826.37		 Annual mileage
5,000		 Excess mileage
8.4p		 Total amount
payable
£24,836.37		 Fixed rate of
interest
9.90%		  
Shortlist (0)