PERSONAL CONTRACT PURCHASE
Representative example when buying a NEW S-CROSS Motion Mild Hybrid on PCP
48 monthly payments of |
£251.79 |
Cash price |
£26,099.00 |
Deposit |
£5,314.75 |
Duration of agreement |
49 months |
Total amount of credit |
£18,784.25 |
Optional final payment |
£11,453.00 |
Deposit contribution |
£2,000.00 |
Total amount payable |
£30,853.67 |
Purchase fee* |
£10.00 |
Representative APR |
7.9% |
Fixed rate of interest |
7.61% |
Annual mileage limit |
10,000 |
Excess mileage charge |
4.80p/mile |
Personal Contract Purchase (PCP) is a finance plan that allows you to spread the cost of the car by making monthly payments over an agreed term, with a large proportion of the amount you repay deferred into an optional final repayment.