Used Mercedes-Benz Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £17,495 with a £1,750 deposit total, borrowing £15,746 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £409.22
• Final payment: £409.22
• Cash price: £17,495.00
• Customer deposit: £1,749.50
• Total deposit: £1,749.50
• Amount of credit: £15,745.50
• Total amount payable: £21,392.06
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.27%
• APR: 11.90%