Representative example - 4 year PCP offers Model MG HS Excite 1.5T-GDI 6-speed Manual MG HS Excite 1.5T-GDI 7-speed DCT MG HS Exclusive 1.5T-GDI 6-speed Manual MG HS Exclusive 1.5T-GDI 7-speed DCT Monthly Instalments £239 £259 £259 £279 Customer Deposit £4,556.39 £4,773.72 £5,367.91 £5,574.08 Finance Deposit Contribution £1,000 £1,000 £1,000 £1,000 On the road price £22,995 £24,495 £25,495 £26,995 Amount of Credit £17,438.61 £18,721.28 £19,127.09 £20,420.92 Interest Charges £3,146.64 £3,363.37 £3,470.40 £3,690.08 Total Amount Payable £26,141.64 £27,858.37 £28,965.40 £30,685.08 Optional Final Payment £9,113.25 £9,652.65 £10,165.50 £10,719 Duration of Agreement (months) 49 49 49 49 Fixed Rate of interest p.a 3.04% 3.04% 3.04% 3.04% Mileage per Annum 8,000 8,000 8,000 8,000 Representative APR 5.9% 5.9% 5.9% 5.9% Excess Mileage Charge 14.9p 14.9p 14.9p 14.9p
When your contract comes to an end, you have three options, you can either:
1. Pay the optional final payment to own the vehicle
2. Return the vehicle
3. Part Exchange the vehicle where equity is available
PCP Terms and Conditions:
Retail sales only. Subject to availability at participating dealers only on vehicles registered between 01.07.22 and 30.09.22. 5.9% APR representative available on Personal Contract Purchase on all MG models. Finance subject to status. Terms and conditions apply. Applicants must be 18 or over. Guarantee may be required. MG Motor Financial Services, RH1 1SR. At the end of the agreement there are three options: 1) Pay the optional final payment to own the vehicle, 2) Return the vehicle, or 3) Part Exchange the vehicle where equity is available. Prices correct at time of being published and are subject to change without notice.
MG Motor UK Ltd t/a MG Motor UK is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486) permitted activities include acting as a credit broker, not a lender, for the purpose of financial promotions.
We work exclusively with Santander Consumer (UK) Plc t/a MG Motor Financial Services, but do not receive any commission from this arrangement. All finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over, guarantees may be required.