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PCP keeps your monthly repayments low by deferring a significant proportion of the total amount of credit to the optional final repayment at the end of the agreement.
Once you have paid all of the regular monthly repayments you can either:
Personal Contract Purchase (PCP) Representative Finance Example
Agreement Duration | 37 months |
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36 Monthly Repayments of | £338.37 |
Cash Price | £34,995.00 |
Customer Deposit | £7,500.00 |
Subaru Deposit Contribution | £2,000.00 |
Total Deposit | £9,500.00 |
Representative APR | 5.9% APR |
Total Amount of Credit | £25,495.00 |
Optional Final Repayment (including £10 Purchase Fee) | £17,101.00 |
Total Amount Payable | £38,782.32 |
Interest Rate (Fixed) | 5.74% |
Annual Mileage | 8000 |
Excess Mileage (pence per mile) | 8.0p |
PCP Terms & Conditions: Credit available subject to status. UK residents 18+. Subaru deposit contributions only available with Subaru Personal Contract Purchase on the specific models stated. This offer excludes fleet, is only available through participating Subaru dealers and is not available in conjunction with any other offers unless specified. Crystal White Pearl special paint finish free of charge across all models. Other special paint finishes charged at £695.00 which is not included in finance example. This credit offer is only available through Subaru Finance provided by International Motors Finance Limited, St. William House, Tresillian Terrace, Cardiff CF10 5BH. Offers may be varied or withdrawn at any time. Offer ends 31.12.2024. OTR price includes VAT, delivery, number plates, 12 months road fund licence and first registration fee. Please consult your local Subaru dealer for exact quotation. With Personal Contract Purchase, once you have paid all of your regular monthly repayments you can either: 1) Pay the Optional Final Repayment and own the car. 2) Part exchange the car for a new one (subject to settlement of your existing agreement, new agreements are subject to status), or 3) Return the car to Subaru Finance without paying the optional final repayment. Providing you’ve not exceeded the maximum permitted mileage and the car is in good condition (fair wear and tear accepted) you will have nothing further to pay. If the vehicle has exceeded the maximum permitted mileage then a charge of 8p on Limited and Touring inclusive of VAT @20% per excess mile will apply.