Used Volvo Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €62,950 with a €22,033 deposit total, borrowing €40,918 at a representative APR of 8.40% and the following:

• 58 monthly payments of: €828.68
• Final payment: €903.68
• Cash price: €62,950.00
• Customer deposit: €22,032.50
• Total deposit: €22,032.50
• Amount of credit: €40,917.50
• Total amount payable: €71,903.30
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 7.95%
• APR: 8.40%