Used Renault Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £14,950 with a £5,233 deposit total, borrowing £9,718 at a representative APR of 9.90% and the following:

• 1 monthly payments of: £201.25
• First monthly payment: £276.25
• Final payment: £276.25
• Cash price: £14,950.00
• Customer deposit: £5,232.50
• Total deposit: £5,232.50
• Amount of credit: £9,717.50
• Total amount payable: £17,457.50
• Option to purchase fee: £75.00
• Documentation fee: £75.00
• Rate of interest: 8.90%
• APR: 9.90%