Used Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €30,950 with a €10,833 deposit total, borrowing €20,118 at a representative APR of 8.50% and the following:

• 58 monthly payments of: €407.43
• Final payment: €482.43
• Cash price: €30,950.00
• Customer deposit: €10,832.50
• Total deposit: €10,832.50
• Amount of credit: €20,117.50
• Total amount payable: €35,428.30
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 7.95%
• APR: 8.50%