Used Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €40,050 with a €14,018 deposit total, borrowing €26,033 at a representative APR of 7.60% and the following:

• 58 monthly payments of: €517.32
• Final payment: €592.32
• Cash price: €40,050.00
• Customer deposit: €14,017.50
• Total deposit: €14,017.50
• Amount of credit: €26,032.50
• Total amount payable: €45,206.70
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 7.15%
• APR: 7.60%