Used Honda Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €14,950 with a €5,233 deposit total, borrowing €9,718 at a representative APR of 9.70% and the following:

• 58 monthly payments of: €200.54
• Final payment: €275.54
• Cash price: €14,950.00
• Customer deposit: €5,232.50
• Total deposit: €5,232.50
• Amount of credit: €9,717.50
• Total amount payable: €17,414.90
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 8.75%
• APR: 9.70%