Used Ford Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £21,950 with a £7,682 deposit total, borrowing £14,268 at a representative APR of 9.70% and the following:

• 1 monthly payments of: £295.49
• First monthly payment: £370.49
• Final payment: £370.49
• Cash price: £21,950.00
• Customer deposit: £7,682.00
• Total deposit: £7,682.00
• Amount of credit: £14,268.00
• Total amount payable: £25,561.40
• Option to purchase fee: £75.00
• Documentation fee: £75.00
• Rate of interest: 8.90%
• APR: 9.70%