Used Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £7,995 with a £799 deposit total, borrowing £7,196 at a representative APR of 11.90% and the following:

• 59 monthly payments of: £157.41
• Final payment: £167.41
• Cash price: £7,995.00
• Customer deposit: £799.00
• Total deposit: £799.00
• Amount of credit: £7,196.00
• Total amount payable: £10,253.60
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 6.25%
• APR: 11.90%