Used Volvo Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €46,950 with a €16,433 deposit total, borrowing €30,518 at a representative APR of 8.40% and the following:

• 58 monthly payments of: €618.05
• Final payment: €693.05
• Cash price: €46,950.00
• Customer deposit: €16,432.50
• Total deposit: €16,432.50
• Amount of credit: €30,517.50
• Total amount payable: €53,665.50
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 7.95%
• APR: 8.40%