Used BMW Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £18,145 with a £1,815 deposit total, borrowing £16,331 at a representative APR of 9.90% and the following:

• 47 monthly payments of: £409.90
• Final payment: £419.90
• Cash price: £18,145.00
• Customer deposit: £1,814.50
• Total deposit: £1,814.50
• Amount of credit: £16,330.50
• Total amount payable: £21,499.70
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 5.12%
• APR: 9.90%