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Megane Iconic TCe 140

Megane Iconic TCe 140

Personal Contract Purchase is a flexible finance solution that lets you drive more car for your money while keeping your options open.
PCP works by deferring a portion of the car’s value to the end of the agreement – this is often called a guaranteed future value or GFV.
You only make payments on the amount remaining after taking the deposit and GFV into account, so your monthly payments will be lower compared to other methods of finance.
At the end of the agreement, you have three options:

  1. You can hand the car back to us
  2. You can pay the optional final payment and take full ownership of the vehicle
  3. You can part-exchange your car at any Holdcroft dealership for another one, using the difference between the cars valuation and its GFV as your deposit

Vehicle Model Megane Iconic TCe 140 Megane Iconic TCe 140
APR 0% 4.90%
Duration 37 37
Monthly Cost £219 £239
Customer Deposit £3,411 £3,327
Cash Price 18,815 18,815
Renault Contribution 0 1,000
Cost of Credit 0 1,636
Total Amount of Credit 15,404 14,488
Optional Final Payment 7,520 7,520
Total Amount Payable 18,815 20,451
Fixed Interest Rate Per Annum 0% 4.90%
Annual Mileage 6000 6000
Excess cost per mile 8p 8p

*Finance provided by Renault Finance, Rivers Office Park, Denham Way, Maple Cross, Rickmansworth, WD3 9YS. Subject to status. Guarantees and indemnities may be required. You must be a UK resident (excluding the Channel Islands) and over 18. Offer based on 6000 miles pa, excess mileage 8p per mile inc VAT. Terms and conditions apply. Offers cannot be used with other schemes or finance offers. Prices and offers shown are available on specified new vehicles when ordered by 7 January 2019 and registered by 31 March 2019. Participating dealers only.

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