Used Lexus Cars

Hire Purchase (HP) representative example

Based on a cash price of £22,495 with a £2,250 deposit total, borrowing £20,246 at a representative APR of 12.90% and the following:

• 59 monthly payments of: £452.35
• Final payment: £452.35
• Cash price: £22,495.00
• Customer deposit: £2,249.50
• Total deposit: £2,249.50
• Amount of credit: £20,245.50
• Total amount payable: £29,390.50
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.18%
• APR: 12.90%