Personal Contract Purchase (PCP) representative example
|Vehicle||ALFA ROMEO GIULIA SALOON 2.0 TB Sprint 4dr Auto|
|Age of vehicle:||New|
|Miles per annum:||5,000|
|Excess Mileage charge:||£0.09 per mile|
|(A) Cash Price (Inc VAT):||£39,929.00|
|Customer Deposit: Advance payment and/or part-exchange allowance:||£6,949.00|
|Alfa Romeo Finance Deposit Contribution||£750.00|
|Amount to Finance:||£26,225.00|
|(B) Interest Charges:||£6,547.20|
|Payable by 47 monthly payments of:||£349.00|
|Followed by a final payment of (Inc (D) Option Fee)||£16,379.20|
|(C) Acceptance Fee payable with the first payment:||£0.00|
|(D) Option Fee payable with the final payment:||£10.00|
|Total Amount Payable (A+B+C+D):||£40,481.20|
|Annual Percentage Rate (APR)||7.90%|
|Fixed Rate of Interest||7.9%|
|Excess Mileage (pence per mile)||9p|
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.
(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.
GIULIA SPRINT STANDARD SPECIFICATION
T&Cs: Quotation for illustrative purposes only. Please ask for a valid personal quotation. Offer available on new GIULIA SALOON models registered by 31/03/2022. ALFA ROMEO Deposit Contribution, if applicable, only available in conjunction with RETAIL - Alfa Preferenza PCP (PCPRT). With RETAIL - Alfa Preferenza PCP (PCPRT) you may return the vehicle instead of making the final payment. It must be in good condition and if you exceed the agreed annual mileage, you will be charged 9p per mile for exceeding 5,000 miles p.a in this example. Subject to status. Guarantees may be required. Ts&Cs apply. At participating Dealers only. Alfa Romeo Financial Services, SL1 0RW. We do not charge fees for our Consumer Credit services. We may receive a payment(s) or other benefits from finance providers should you decide to enter into an agreement with them. The payment we receive may vary between finance providers and product types. The payment received does not impact the finance rate offered.