Used BMW Cars

Hire Purchase (HP) representative example

Based on a cash price of £11,145 with a £1,115 deposit total, borrowing £10,031 at a representative APR of 9.90% and the following:

• 47 monthly payments of: £251.68
• Final payment: £261.68
• Cash price: £11,145.00
• Customer deposit: £1,114.50
• Total deposit: £1,114.50
• Amount of credit: £10,030.50
• Total amount payable: £13,205.14
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 5.11%
• APR: 9.90%