Used Mercedes-Benz Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €49,950 with a €17,483 deposit total, borrowing €32,468 at a representative APR of 8.40% and the following:

• 58 monthly payments of: €657.55
• Final payment: €732.55
• Cash price: €49,950.00
• Customer deposit: €17,482.50
• Total deposit: €17,482.50
• Amount of credit: €32,467.50
• Total amount payable: €57,085.50
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 7.95%
• APR: 8.40%