Used Mercedes-Benz E-Class Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £16,995 with a £1,700 deposit total, borrowing £15,296 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £397.53
• Final payment: £397.53
• Cash price: £16,995.00
• Customer deposit: £1,699.50
• Total deposit: £1,699.50
• Amount of credit: £15,295.50
• Total amount payable: £20,780.94
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.27%
• APR: 11.90%