Used Mercedes-Benz Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £23,145 with a £2,315 deposit total, borrowing £20,831 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £550.38
• Final payment: £560.38
• Cash price: £23,145.00
• Customer deposit: £2,314.50
• Total deposit: £2,314.50
• Amount of credit: £20,830.50
• Total amount payable: £28,742.74
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.18%
• APR: 12.90%