Used Smart Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €46,821 with a €16,387 deposit total, borrowing €30,434 at a representative APR of 7.30% and the following:

• 58 monthly payments of: €601.19
• Final payment: €676.19
• Cash price: €46,821.00
• Customer deposit: €16,387.35
• Total deposit: €16,387.35
• Amount of credit: €30,433.65
• Total amount payable: €52,608.75
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 6.90%
• APR: 7.30%