Representative Example
Personal Contract Purchase
Finance Examples without Deposit
|
Representative Example |
Representative Example |
Representative Example |
Model |
Vitara 1.4 Boosterjet SZ4 Hybrid |
Vitara 1.4 Boosterjet SZ-T Hybrid |
Vitara 1.4 Boosterjet SZ5 Hybrid |
Cash Price |
£19,249 |
£20,249 |
£22,249 |
Deposit |
£3,395 |
£1,000 |
£1,000 |
Total amount of Credit |
£14,104 |
£17,499 |
£21,249 |
Agreement Duration |
49 months |
49 months |
49 months |
Deposit contribution |
£1,750 |
£1,750 |
£NIL |
49 Repayments of |
£208.97 |
£275.07 |
£348.15 |
Optional Final Repayment |
£6,523 |
£7,239 |
£8,026 |
Total amount payable |
£21,698 |
£23,192 |
£25,737 |
Interest Rate (fixed) |
5.73% |
5.73% |
5.73% |
APR |
5.9% APR |
5.9% APR |
5.9% 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 30,834 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 30,834 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/test own available. Terms and conditions here