Used Smart Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €34,925 with a €12,224 deposit total, borrowing €22,701 at a representative APR of 9.30% and the following:

• 58 monthly payments of: €467.94
• Final payment: €542.94
• Cash price: €34,925.00
• Customer deposit: €12,223.75
• Total deposit: €12,223.75
• Amount of credit: €22,701.25
• Total amount payable: €40,450.15
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 8.70%
• APR: 9.30%