Used Volkswagen Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £11,995 with a £1,200 deposit total, borrowing £10,796 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £280.57
• Final payment: £280.57
• Cash price: £11,995.00
• Customer deposit: £1,199.50
• Total deposit: £1,199.50
• Amount of credit: £10,795.50
• Total amount payable: £14,666.86
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.26%
• APR: 11.90%