Used Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €29,250 with a €10,238 deposit total, borrowing €19,013 at a representative APR of 8.50% and the following:

• 58 monthly payments of: €385.05
• Final payment: €460.05
• Cash price: €29,250.00
• Customer deposit: €10,237.50
• Total deposit: €10,237.50
• Amount of credit: €19,012.50
• Total amount payable: €33,490.50
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 7.95%
• APR: 8.50%