Used Volvo Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €53,950 with a €18,883 deposit total, borrowing €35,068 at a representative APR of 8.90% and the following:

• 58 monthly payments of: €718.62
• Final payment: €793.62
• Cash price: €53,950.00
• Customer deposit: €18,882.50
• Total deposit: €18,882.50
• Amount of credit: €35,067.50
• Total amount payable: €62,149.70
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 8.45%
• APR: 8.90%