Used Mitsubishi Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €13,950 with a €4,883 deposit total, borrowing €9,068 at a representative APR of 12.10% and the following:

• 58 monthly payments of: €196.92
• Final payment: €271.92
• Cash price: €13,950.00
• Customer deposit: €4,882.50
• Total deposit: €4,882.50
• Amount of credit: €9,067.50
• Total amount payable: €16,847.70
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 10.95%
• APR: 12.10%