Used Mercedes-Benz Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €46,950 with a €16,433 deposit total, borrowing €30,518 at a representative APR of 9.00% and the following:

• 58 monthly payments of: €625.38
• Final payment: €700.38
• Cash price: €46,950.00
• Customer deposit: €16,432.50
• Total deposit: €16,432.50
• Amount of credit: €30,517.50
• Total amount payable: €54,105.30
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 8.45%
• APR: 9.00%