Used Honda Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €16,950 with a €5,933 deposit total, borrowing €11,018 at a representative APR of 9.60% and the following:

• 58 monthly payments of: €227.37
• Final payment: €302.37
• Cash price: €16,950.00
• Customer deposit: €5,932.50
• Total deposit: €5,932.50
• Amount of credit: €11,017.50
• Total amount payable: €19,724.70
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 8.75%
• APR: 9.60%