Used Mercedes-Benz Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £13,645 with a £1,365 deposit total, borrowing £12,281 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £319.17
• Final payment: £319.17
• Cash price: £13,645.00
• Customer deposit: £1,364.50
• Total deposit: £1,364.50
• Amount of credit: £12,280.50
• Total amount payable: £16,684.66
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.27%
• APR: 11.90%