Used Volkswagen Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €19,950 with a €6,983 deposit total, borrowing €12,968 at a representative APR of 9.50% and the following:

• 58 monthly payments of: €267.61
• Final payment: €342.61
• Cash price: €19,950.00
• Customer deposit: €6,982.50
• Total deposit: €6,982.50
• Amount of credit: €12,967.50
• Total amount payable: €23,189.10
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 8.75%
• APR: 9.50%