Used Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €10,950 with a €3,833 deposit total, borrowing €7,118 at a representative APR of 13.10% and the following:

• 58 monthly payments of: €157.25
• Final payment: €232.25
• Cash price: €10,950.00
• Customer deposit: €3,832.50
• Total deposit: €3,832.50
• Amount of credit: €7,117.50
• Total amount payable: €13,417.50
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 11.70%
• APR: 13.10%