Used Mitsubishi Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £12,445 with a £1,245 deposit total, borrowing £11,201 at a representative APR of 9.90% and the following:

• 47 monthly payments of: £281.13
• Final payment: £291.13
• Cash price: £12,445.00
• Customer deposit: £1,244.50
• Total deposit: £1,244.50
• Amount of credit: £11,200.50
• Total amount payable: £14,748.74
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 5.12%
• APR: 9.90%