Network Q, Vauxhall’s national used car programme, has launched a 6.9% APR PCP deal through Santander Consumer Finance, among other offers.

As well as a £500 deposit contribution offer and the chance for one consumer to win back the cost of their car, the PCP deal covers five 12-plate models: the Corsa 1.2 Exclusiv five-door, Corsa 1.2 SXi five-door, Meriva 1.4i 16V Exclusiv five-door, Astra 1.4i 16V Exclusiv five-door and Astra 1.6i 16V SRi five-door.

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As examples given by the brand, the Meriva, the non-SXi Corsa and the 1.4i Astra come with 6.90% APR and 3.55% interest on 36-month PCP. The Meriva will be available for £125 a month with a £3,506.25 optional final payment, the Corsa for £109 with a £3,459.50 final payment, and the Astra for £155 with a £3,548.75 final payment.

News for used

According to Finance & Leasing Association figures, the used car finance market in the year to February was worth £7.40bn across 796,583 registrations.

And according to used car statistics from Experian, Vauxhall had the third- and fourth-best selling models of 2012 in the second-hand market with the Corsa selling 298,206 units and the Astra 272,251.

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While the Network Q offer sees finance supplied by Santander, Vauxhall has used GMAC UK as provider for its PCP deals on the market entrant Mokka and Adam models.

richard.brown@timetric.com