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Personal Contract Purchase |
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£440.95 |
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8.9 % |
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Per month |
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APR |
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PAYMENT PLAN |
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Deposit of: £ 1000.00 |
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1 Payment of: £
440.95 * |
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35 Monthly Payments of: £ 440.95 |
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Optional Final Payment: £ 7502.75** |
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*(Includes Acceptance Fee) |
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**(Includes Option to Purchase
Fee) |
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Cash Price (including VAT): £ 20720.00 |
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Balance to Finance: £ 19720.00 |
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Interest Charges: £ 3357.95 |
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Completion Fee: £ 299.00 |
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Total Amount Payable: £ 24376.95 |
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End of Contract Choices |
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1. Hand the car back, owe no more |
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2. Buy the car (optional final
payment price) |
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3. Part exchange for another
vehicle |
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With a PCP scheme the future
resale value of the vehicle |
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is taken in to account when
calculating the monthly payments. |
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The re-sale value is called the |
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Minimum Guaranteed Future
Value (MGFV) |
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With a PCP the MGFV and your
deposit are both taken off |
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the price of the car from onset
which means you only pay |
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off the depreciation, plus
interest, rather than the full amont |
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Personal Contract Purchase |
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