Used Volkswagen Cars

Hire Purchase (HP) representative example

Based on a cash price of £14,145 with a £1,415 deposit total, borrowing £12,731 at a representative APR of 9.90% and the following:

• 47 monthly payments of: £319.54
• Final payment: £329.54
• Cash price: £14,145.00
• Customer deposit: £1,414.50
• Total deposit: £1,414.50
• Amount of credit: £12,730.50
• Total amount payable: £16,762.42
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 5.12%
• APR: 9.90%