Used Mercedes-Benz Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £47,950 with a £16,782 deposit total, borrowing £31,168 at a representative APR of 9.50% and the following:

• 1 monthly payments of: £645.48
• First monthly payment: £720.48
• Final payment: £720.48
• Cash price: £47,950.00
• Customer deposit: £16,782.00
• Total deposit: £16,782.00
• Amount of credit: £31,168.00
• Total amount payable: £55,660.80
• Option to purchase fee: £75.00
• Documentation fee: £75.00
• Rate of interest: 8.90%
• APR: 9.50%