Used Mercedes-Benz Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £38,950 with a £13,632 deposit total, borrowing £25,318 at a representative APR of 9.50% and the following:

• 1 monthly payments of: £524.33
• First monthly payment: £599.33
• Final payment: £599.33
• Cash price: £38,950.00
• Customer deposit: £13,632.00
• Total deposit: £13,632.00
• Amount of credit: £25,318.00
• Total amount payable: £45,241.80
• Option to purchase fee: £75.00
• Documentation fee: £75.00
• Rate of interest: 8.90%
• APR: 9.50%