Used Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €52,950 with a €18,533 deposit total, borrowing €34,418 at a representative APR of 8.40% and the following:

• 58 monthly payments of: €697.04
• Final payment: €772.04
• Cash price: €52,950.00
• Customer deposit: €18,532.50
• Total deposit: €18,532.50
• Amount of credit: €34,417.50
• Total amount payable: €60,504.90
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 7.95%
• APR: 8.40%