Used Mercedes-Benz Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £13,945 with a £1,395 deposit total, borrowing £12,551 at a representative APR of 12.90% and the following:

• 46 monthly payments of: £337.02
• Final payment: £347.02
• Cash price: £13,945.00
• Customer deposit: £1,394.50
• Total deposit: £1,394.50
• Amount of credit: £12,550.50
• Total amount payable: £17,244.44
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.17%
• APR: 12.90%