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Personal Contract Purchase (PCP) representative example
Model | Alfa Romeo Tonale Hatchback 1.5 MHEV Veloce 5dr Auto |
On the Road Price | £42,205.00 |
Customer Deposit | £8,999.00 |
Mangoletsi Deposit Contribution | £1,500.00 |
Amount of Credit | £31,706.00 |
Monthly Payment | £348.78 |
Optional Final Payment (incl. £10 fee) | £19,827.00 |
Total Amount Payable by Customer | £46,708.66 |
Duration of Contract | 48 months |
Rate of Interest (Fixed) | 4.43% |
APR | 4.4% APR Representative |
Annual Mileage | 5,000 |
Excess Mileage (pence per mile) | 6p |
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.
T&Cs: ^Offer available on Alfa Romeo Tonale Speciale ordered between 01/01/23 and 31/03/23. 48 month term. Optional final payment varies depending on version. With Alfa Romeo Preferenza PCP, 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 up to 6p per mile for exceeding 5,000 miles p.a. in these examples. Subject to status. Guarantees may be required. T&Cs apply. Participating retailers only. Alfa Romeo Financial Services, PO Box 4465, Slough, SL1 0RW.