Used Smart Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €33,950 with a €11,883 deposit total, borrowing €22,068 at a representative APR of 7.60% and the following:

• 58 monthly payments of: €438.53
• Final payment: €513.53
• Cash price: €33,950.00
• Customer deposit: €11,882.50
• Total deposit: €11,882.50
• Amount of credit: €22,067.50
• Total amount payable: €38,344.30
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 7.15%
• APR: 7.60%