Used Mercedes-Benz Cars

Hire Purchase (HP) representative example

Based on a cash price of £16,795 with a £1,680 deposit total, borrowing £15,116 at a representative APR of 9.90% and the following:

• 47 monthly payments of: £379.40
• Final payment: £389.40
• Cash price: £16,795.00
• Customer deposit: £1,679.50
• Total deposit: £1,679.50
• Amount of credit: £15,115.50
• Total amount payable: £19,900.70
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 5.12%
• APR: 9.90%