01 / 04 — PERSONAL CONTRACT PURCHASE
PCP Finance Example
An illustration of how monthly payments and an optional final payment could work when financing your next vehicle.
Total cash price£24,000.00
Customer deposit£2,400.00
Monthly payment
—
APR (illustrative)
9.9%
Amount of credit£21,600.00
Interest charges
—
Optional final payment£10,500.00
Agreement term48 months
Annual mileage allowance6,000 miles
Admin / purchase fees assumed£0.00
Total amount payable
—
02 / 04 — HIRE PURCHASE
Hire Purchase Example
Spread the cost of a vehicle through regular repayments, with ownership transferring after all required payments are made.
Total cash price£18,000.00
Customer deposit£1,800.00
Monthly payment
—
APR (illustrative)
9.9%
Amount of credit£16,200.00
Interest charges
—
Number of repayments48
Balloon paymentNone
Agreement term48 months
Admin / purchase fees assumed£0.00
Total amount payable
—
03 / 04 — VEHICLE LEASING
Vehicle Leasing Example
An illustrative personal contract hire arrangement showing the initial rental, regular rentals and total rental commitment.
Initial rental£2,691.00
Monthly rental
£299.00
Further monthly rentals35
Rental profile9 + 35
Contract duration36 months
Annual mileage allowance6,000 miles
VATIncluded in example
APRNot applicable
End of agreementReturn vehicle
Additional fees assumed£0.00
Total rentals payable
£13,156.00
04 / 04 — SPECIALIST VEHICLE FINANCE
Specialist Finance Example
An illustrative fixed-payment finance arrangement for a prestige, performance or specialist vehicle.
Total cash price£55,000.00
Customer deposit£11,000.00
Monthly payment
—
APR (illustrative)
9.9%
Amount of credit£44,000.00
Interest charges
—
Number of repayments60
Balloon paymentNone
Agreement term60 months
Admin / purchase fees assumed£0.00
Total amount payable
—
Important Information — Illustrative Finance Examples
All figures shown are for illustrative purposes only and do not constitute an offer of finance, a quotation or a guarantee of acceptance. The 9.9% APR used in the PCP, Hire Purchase and Specialist Finance examples is an assumed rate for illustration, not a representative APR or a rate confirmed as available from any lender. Actual rates, deposits, monthly payments, agreement terms and eligibility will depend on individual circumstances, lender criteria and the vehicle selected. Finance is subject to status and terms and conditions. Applicants must be aged 18 or over.
PCP agreements may include an optional final payment if you wish to own the vehicle. Mileage restrictions, excess mileage charges and vehicle condition requirements may apply. Vehicle leasing is a rental agreement and does not provide ownership. Additional charges may apply for excess mileage, damage or early termination. All calculations assume no additional finance fees and may differ slightly from lender quotations due to rounding and repayment schedules.
AutoKingdom: Any required FCA regulatory status, credit-broker disclosure, lender relationship information and other mandatory financial-promotion wording must be added and verified before publication.