| |
|
Personal Contract Purchase |
| |
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£128.71 |
|
11.5% |
|
| |
|
|
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Per month |
|
APR |
|
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PAYMENT PLAN |
| |
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Deposit of: £ 620.00 |
|
1 Payment of: £
277.71* |
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35 Monthly Payments of: £ 128.71 |
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Optional Final Payment: £ 2088.06
** |
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*(Includes Acceptance Fee) |
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**(Includes Option to Purchase
Fee) |
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Cash Price (including VAT): £ 6200.00 |
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Balance to Finance: £ 5580.00 |
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Interest Charges: £ 992.62 |
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|
|
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Completion Fee: £ 149.00 |
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|
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Total Amount Payable: £ 7490.62 |
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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 |
|
is taken in to account when
calculating the monthly payments. |
|
The re-sale value is called the |
|
Minimum Guaranteed Future
Value (MGFV) |
| |
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With a PCP the MGFV and your
deposit are both taken off |
|
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 |
| |
|
Personal Contract Purchase |
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