Used Volvo Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €58,950 with a €20,633 deposit total, borrowing €38,318 at a representative APR of 8.70% and the following:

• 58 monthly payments of: €780.61
• Final payment: €855.61
• Cash price: €58,950.00
• Customer deposit: €20,632.50
• Total deposit: €20,632.50
• Amount of credit: €38,317.50
• Total amount payable: €67,619.10
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 8.20%
• APR: 8.70%