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Personal Contract Purchase (PCP) representative example
JEEP RENEGADE 1.5 E-HYBRID LIMITED 5DR DCT | |
48 monthly payments | £329.64 |
Optional Final payment | £13,544.00 |
Cash Price | £30,030.00 |
Customer Deposit | £7,275 |
Finance Deposit Allowance | £2,500.00 |
Total amount of credit | £22,755.00 |
Purchase Fee* | £0.00 |
Total amount payable | £36,312.08 |
Duration of agreement | 49 months |
Representative APR | 8.9% APR |
Interest Rate (fixed) | 8.61% |
Annual Mileage | 6,000 |
Excess Mileage Costs (incl VAT) | 12p per mile |
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 Jeep® Renegade range ordered between 01/04/23 and 30/06/23. You will be charged 12p per mile for exceeding 6,000 miles p.a. in these examples. Restrictions apply. Subject to status. Guarantees may be required. T&Cs apply. Participating retailers only. Jeep® Financial Services, PO Box 4465, Slough, SL1 0RW.