Used Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €15,950 with a €5,583 deposit total, borrowing €10,368 at a representative APR of 9.70% and the following:

• 58 monthly payments of: €213.96
• Final payment: €288.96
• Cash price: €15,950.00
• Customer deposit: €5,582.50
• Total deposit: €5,582.50
• Amount of credit: €10,367.50
• Total amount payable: €18,570.10
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 8.75%
• APR: 9.70%