Used Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €17,950 with a €6,283 deposit total, borrowing €11,668 at a representative APR of 10.40% and the following:

• 58 monthly payments of: €245.04
• Final payment: €320.04
• Cash price: €17,950.00
• Customer deposit: €6,282.50
• Total deposit: €6,282.50
• Amount of credit: €11,667.50
• Total amount payable: €21,134.90
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 9.50%
• APR: 10.40%