Used Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €30,000 with a €10,500 deposit total, borrowing €19,500 at a representative APR of 7.70% and the following:

• 58 monthly payments of: €387.50
• Final payment: €462.50
• Cash price: €30,000.00
• Customer deposit: €10,500.00
• Total deposit: €10,500.00
• Amount of credit: €19,500.00
• Total amount payable: €33,900.00
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 7.15%
• APR: 7.70%