Used Smart Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €33,750 with a €11,813 deposit total, borrowing €21,938 at a representative APR of 9.00% and the following:

• 58 monthly payments of: €449.55
• Final payment: €524.55
• Cash price: €33,750.00
• Customer deposit: €11,812.50
• Total deposit: €11,812.50
• Amount of credit: €21,937.50
• Total amount payable: €38,935.50
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 8.45%
• APR: 9.00%