PCP Finance Example
Solutions 3 years, 6,000 miles per annum example for: Polo 3dr Hatch 1.2 E 60ps
35 monthly payments of
|
£ 99.00 |
Optional Final payment
|
£3,650.15 |
On the road retail cash price**
|
£7,699.99 |
Advance payment
|
£1,462.35 |
Acceptance fee payable with first rental
|
£0 |
Amount of credit
|
£6,237.64 |
Credit charge
|
£ 877.51 |
Balance payable
|
£7,115.15 |
Option to purchase fee payable
with Optional Final Payment
|
£185.00 |
Total amount payable
|
£8,762.50 |
Excess mileage (per mile)
|
4.8p |
Typical 7.2%
|
HP Finance Example
Hire Purchase 3 years example for: Polo 3dr Hatch 1.2 E 60ps
35 monthly payments of
|
£ 99.00 |
On the road retail cash price**
|
£7,699.99 |
Advance payment
|
£4,616.23 |
Acceptance fee payable with first rental
|
£145.00 |
Amount of credit
|
£3,083.76 |
Credit charge
|
£ 381.24 |
Balance payable
|
£3,465.00 |
Option to purchase fee payable
with Optional Final Payment
|
£75.00 |
Total amount payable
|
£8,301.23 |
|
Typical 12.6% APR |
Vehicle Finance from JCB Volkswagen
As a Private Motorist, we can offer a number of methods for financing your new Volkswagen...
Solutions
Choose a Personal Contract Plan often called a PCP to run over 18-months to 42 months.
Key benefits:-
- Flexible option as part of the payment is deferred until the end of the plan which could lower your monthly repayments
- Drive a new car more often thanks to shorter replacement cycles
- Drive the latest Volkswagen
- Afford a new car or higher specification model
- Include additional optional products such as fixed-cost maintenance in your motoring budget
- Known cash flow - fixed interest rate and payments
- Reduced term of funding
- Defer your decision to purchase until the end of your agreement
- Easy entry – as little as the equivalent of one monthly payment required as a deposit
- Available for new and used vehicle purchases
At the end of the agreement, you have three options:-
- Pay the outstanding amount and own your car
- Return your car with nothing left to pay (subject to terms and conditions)
- Part-exchange your vehicle and start a new arrangement to fund another new or used Volkswagen
Hire Purchase
A familiar and straightforward funding option – you make one initial payment and the balance is spread equally over your choice of time from one to five years.
At the end of the agreement, once you have made all of the payments (including the option to purchase fee), you own your Volkswagen. What could be simpler?
Key benefits:-
- Minimal cash outlay - low deposits available
- Fixed interest rate for the duration of your agreement
- Fixed repayments for ease of cash flow and budgeting
- Flexible terms - any monthly interval between one and five years
- Available for new and used Volkswagens