Used Mercedes-Benz Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £59,950 with a £20,982 deposit total, borrowing £38,968 at a representative APR of 9.40% and the following:

• 1 monthly payments of: £807.02
• First monthly payment: £882.02
• Final payment: £882.02
• Cash price: £59,950.00
• Customer deposit: £20,982.00
• Total deposit: £20,982.00
• Amount of credit: £38,968.00
• Total amount payable: £69,553.20
• Option to purchase fee: £75.00
• Documentation fee: £75.00
• Rate of interest: 8.90%
• APR: 9.40%