Used Smart Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €35,950 with a €12,583 deposit total, borrowing €23,368 at a representative APR of 8.50% and the following:

• 58 monthly payments of: €473.25
• Final payment: €548.25
• Cash price: €35,950.00
• Customer deposit: €12,582.50
• Total deposit: €12,582.50
• Amount of credit: €23,367.50
• Total amount payable: €41,127.50
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 7.95%
• APR: 8.50%