Used Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €24,400 with a €8,540 deposit total, borrowing €15,860 at a representative APR of 7.70% and the following:

• 58 monthly payments of: €315.17
• Final payment: €390.17
• Cash price: €24,400.00
• Customer deposit: €8,540.00
• Total deposit: €8,540.00
• Amount of credit: €15,860.00
• Total amount payable: €27,600.20
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 7.15%
• APR: 7.70%