Mazda MX-5 1.5L SE SKYACTIV-G 2dr
Keyless entry, Alloys, Air con
- 2017 (17 reg)
- Convertible
- 12,855 miles
- 1.5L
- 129BHP
- Manual
- Petrol
This Black Mazda MX-5 features Keyless entry, Alloys, Metallic paint, Air con. …
We've compared the price to our Auto Trader Valuation and rated it a compared to similar cars on the market.
PCP representative example
| Finance type | PCP |
| Monthly payments | £196.16 |
| Term | 48 months |
| Contract Length | 49 months |
| Cash price | £12,100.00 |
| Cash deposit | £1,000.00 |
| Total amount of credit | £11,100.00 |
| Total amount payable | £14,879.18 |
| Representative APR | 8.9% |
| Total charges payable | £2,779.18 |
| Fixed rate of interest pa | 4.41% |
| Optional final payment | £4,463.50 |
| Admin fee | £0.00 |
| Option to purchase fee | £1.00 |
What is PCP?
Personal contract purchase (PCP) is a flexible way to finance a vehicle. You pay an initial deposit followed by monthly payments (including interest), then at the end of the agreement you have three options:
- Buy the vehicle by paying the optional final payment (also known as balloon payment) and the optional purchase fee.
- Return the vehicle to the dealer and walk away. There may be additional charges if it’s damaged or you’ve exceeded the mileage allowance.
- Get a new vehicle on another PCP deal. If the vehicle is worth more than the optional final payment, you can use it as a deposit for your next vehicle.