Used Mercedes-Benz Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £16,395 with a £1,640 deposit total, borrowing £14,756 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £383.49
• Final payment: £383.49
• Cash price: £16,395.00
• Customer deposit: £1,639.50
• Total deposit: £1,639.50
• Amount of credit: £14,755.50
• Total amount payable: £20,047.02
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.27%
• APR: 11.90%