Used Mercedes-Benz Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £17,445 with a £1,745 deposit total, borrowing £15,701 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £408.05
• Final payment: £408.05
• Cash price: £17,445.00
• Customer deposit: £1,744.50
• Total deposit: £1,744.50
• Amount of credit: £15,700.50
• Total amount payable: £21,330.90
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.27%
• APR: 11.90%