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PCP keeps your monthly repayments low by deferring a significant proportion of the total amount of credit to the optional final repayment at the end of the agreement.
Once you have paid all of the regular monthly repayments you can either:
Representative Example | PCH |
Initial Rental (incl. VAT) | £2,934.00 |
Monthly Rental (incl. VAT) | £489.00 |
Duration of Agreement | 48 Months |
Annual Mileage | 6,000 |
Excess Mileage Charge | 10.5p |
6,000 Annual Mileage