Used Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €37,950 with a €13,283 deposit total, borrowing €24,668 at a representative APR of 7.40% and the following:

• 58 monthly payments of: €487.28
• Final payment: €562.28
• Cash price: €37,950.00
• Customer deposit: €13,282.50
• Total deposit: €13,282.50
• Amount of credit: €24,667.50
• Total amount payable: €42,669.30
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 6.90%
• APR: 7.40%