Heading
Close X
Menu
| Finance Example | Personal Contract Purchase (PCP) |
| 48 Monthly Payments of | £339.00 |
| Customer Deposit | £339.00 |
| Volkswagen Deposit Contribution | £250.00 |
| Total Deposit | £589.00 |
| Government EV Grant | £1,500.00 |
| Peter Cooper Cash Saving | £993.60 |
| Retail Cash Price | £26,336.40 |
| Amount of Credit | £25,747.40 |
| Duration of Agreement | 49 Months |
| Representative APR % | 2.9% |
| Annual Fixed Interest Rate | 2.85% |
| Interest Charges | £2,167.50 |
| Annual Mileage | 5,000 |
| Excess Mileage Charge (pence per mile) | 6.6ppm |
| Optional Final Payment | £11,632.50 |
| Option to Purchase Fee | £10.00 |
| Total Amount Payable | £28,503.50 |
| Finance Example | Personal Contract Purchase (PCP) |
| 48 Monthly Payments of | £239.00 |
| Customer Deposit | £999.00 |
| Volkswagen Deposit Contribution | £2,500.00 |
| Total Deposit | £3,499.00 |
| Peter Cooper Cash Saving | £1,793.44 |
| Retail Cash Price | £20,261.56 |
| Amount of Credit | £16,762.56 |
| Duration of Agreement | 49 Months |
| Representative APR % | 7.9% |
| Annual Fixed Interest Rate | 7.85% |
| Interest Charges | £4,091.94 |
| Annual Mileage | 5,000 |
| Excess Mileage Charge (pence per mile) | 4.9ppm |
| Optional Final Payment | £9,382.50 |
| Option to Purchase Fee | £10.00 |
| Total Amount Payable | £24,363.50 |
| Representative Example: | Personal Contract Purchase (PCP) |
| 48 Monthly Payments of | £329.00 |
| Customer Deposit | £999.00 |
| Volkswagen Deposit Contribution | £4,000.00 |
| Total Deposit | £4,999.00 |
| Peter Cooper Cash Saving | £2,274.17 |
| Retail Cash Price | £26,635.32 |
| Amount of Credit | £26,749.50 |
| Duration of Agreement | 49 Months |
| Representative APR % | 7.9% |
| Annual Fixed Interest Rate | 7.85% |
| Interest Charges | £5,113.18 |
| Annual Mileage | 5,000 |
| Excess Mileage Charge (pence per mile) | 6.5ppm |
| Optional Final Payment | £10,957.50 |
| Option to Purchase Fee | £10.00 |
| Total Amount Payable | £31,758.50 |