PCP Representative Example based on a new Panigale V2S (MY25) in Red with an annual mileage of 4,000
*Optional Final Repayment includes Option to Purchase Fee of £10
PCP Representative Example based on Multistrada V4 in Red with an annual mileage of 4,000
*Optional Final Repayment includes Option to Purchase Fee of £10
Cash Price | Deposit | Total Amount of Credit | Agreement Duration | 36 Monthly Repayments of | Optional Final Repayment* | Total Amount Payable | Interest Rate (Fixed) | Representative APR |
---|---|---|---|---|---|---|---|---|
£17,167 | £4,080.19 | £13,086.81 | 37 Months | £169 | £9,689 | £19,853.19 | 7.60% | 7.9% APR |
Personal Contract Purchase (PCP) explained:
Personal Contract Purchase (PCP) can help you to buy your dream Ducati with lower monthly repayments than a Hire Purchase (HP) product as a large proportion of the amount you repay is deferred into an optional final repayment. You will pay more interest on a PCP agreement than a HP agreement for the same loan amount, term and Annual Percentage Rate of Charge (APR) as your balance reduces more slowly due to the optional final repayment.
You will decide an initial deposit, term and how many miles you’ll ride each year.
The monthly repayment amount and the optional final repayment amount will be calculated based on the anticipated value of the Ducati at the end of the agreement.
At the end of your agreement, you have three options; part exchange your Ducati (new agreements, subject to status), return the Ducati (return conditions apply), or pay the option final repayment and own the Ducati.
*Credit is subject to status and is only available to UK residents aged 18 and over. This finance offer is only available through Ducati Financial Services which is a trading style of Black Horse Ltd, St. William House, Tresillian Terrace, Cardiff CF10 5BH. Finance offer ends 31st March 2025. The Cash Price shown above includes 1st registration fee and road fund licence. With Personal Contract Purchase (PCP) you have the option after you have paid all of the regular monthly repayments to:
(1) Return the motorcycle and not pay the Optional Final Repayment. In this example if the motorcycle has exceeded 12,333 miles, a charge of 7.2p (including VAT at 20%) will apply per excess mile. If the motorcycle is in good condition (fair wear and tear accepted) and has not exceeded 12,333 miles you will have nothing further to pay. (2) Pay the Optional Final Repayment to own the motorcycle or (3) Part exchange the motorcycle subject to settlement of your existing finance agreement; new finance agreements are subject to status.
Figures are correct at time of publication and can be subject to change.
Blade Motor Cycles Limited an Appointed Representative of Automotive Compliance Ltd who is authorised and regulated by the Financial Conduct Authority (FCA No. 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allows Blade Motor Cycles Limited to act as a credit broker, not a lender, for the introduction to a limited number of lenders, and to act as an agent on behalf of the insurer for insurance distribution activities only.
We are a credit broker and not a lender. We can introduce you to a carefully selected panel of lenders, which includes manufacturer lenders linked directly to the franchises that we represent. We act on behalf of the lender for this introduction and not as your agent. We are not impartial, and we are not an independent financial advisor.
Our approach is to introduce you first to the manufacturer lender linked directly to the particular franchise you are purchasing your vehicle from, who are usually able to offer the best available package for you, taking into account both interest rates and other contributions. If they are unable to make you an offer of finance, we then seek to introduce you to whichever of the other lenders on our panel is able to make the next most suitable offer of finance for you. Our aim is to secure a suitable finance agreement for you that enables you to achieve your financial objectives. If you purchase a vehicle, in the majority of cases, we will receive a commission from your lender for introducing you to them which is either a fixed fee, or a fixed percentage of the amount that you borrow. This may be linked to the vehicle model you purchase.
Different lenders pay different commissions for such introductions, and manufacturer lenders linked directly to the franchises that we represent may also provide preferential rates to us for the funding of our vehicle stock and also provide financial support for our training and marketing. But any such amounts they and other lenders pay us will not affect the amounts you pay under your finance agreement; however, you will be contributing towards the commission paid to us with the interest collected on your repayments. Before we propose you to a potential lender, we will inform you of the likely amount of commission we will receive and seek your consent to receive this commission. The exact amount of commission that we will receive will be confirmed prior to you signing your finance agreement.
All finance applications are subject to status, terms and conditions apply, UK residents only, 18s or over. Guarantees may be required.