* * EX-BRITISH GAS * *
- 2013 (13 reg)
- Panel Van
- 29,000 miles
- 2 seats
TRADING STANDARD APPROVED DEALER, Over 100 cars and Vans in stock, See us on …
per month (PCP)
PCP representative example
|Contract Length||49 months|
|Cash price (inc VAT)||£9,119.00|
|Total amount of credit||£6,119.00|
|Total amount payable||£10,925.20|
|Total charges payable||£1,806.20|
|Fixed rate of interest pa||5.25%|
|Optional final payment||£1,169.00|
|Option to purchase fee||£149.00|
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.