Representative Example
Personal Contract Purchase
|
Representative Example |
| Model |
Swift 1.2 Dualjet SZ-L Hybrid |
| Cash Price |
£17,199 |
| Deposit |
£3,933 |
| Finance deposit allowance |
N/A |
| Total amount of Credit |
£13,265 |
| Agreement Duration |
48 months |
| 48 Repayments of |
£189 |
| Optional Final Repayment |
£7,459 |
| Total amount payable |
£20,464 |
| Interest Rate (fixed) |
7.90% |
| APR |
7.9% APR |
Based on 8,000 miles per annum
With Personal Contract Purchase (PCP) you have the option after you have paid all of the regular monthly repayments to:
(1) Return the vehicle and not pay the Optional Final Repayment. In this example if the vehicle has exceeded 32,667 miles, a charge of 4.8p (including VAT at 20%) will apply per excess mile. If the vehicle is in good condition (fair wear and tear accepted) and has not exceeded 32,667 miles you will have nothing further to pay.
(2) Pay the Optional Final Repayment to own the vehicle or
(3) Part exchange the vehicle subject to settlement of your existing finance agreement; new finance agreements are subject to status.
^14 day Return Guarantee. Terms and conditions here
We understand that different finance options can sometimes feel confusing so we have listed the different finance options that may suit your individual requirements. Find out more here.
