Used Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £5,845 with a £585 deposit total, borrowing £5,261 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £136.72
• Final payment: £136.72
• Cash price: £5,845.00
• Customer deposit: £584.50
• Total deposit: £584.50
• Amount of credit: £5,260.50
• Total amount payable: £7,147.06
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.23%
• APR: 11.90%