Used Mercedes-Benz Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £19,295 with a £1,930 deposit total, borrowing £17,366 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £458.96
• Final payment: £458.96
• Cash price: £19,295.00
• Customer deposit: £1,929.50
• Total deposit: £1,929.50
• Amount of credit: £17,365.50
• Total amount payable: £23,959.58
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.18%
• APR: 12.90%