Used MPV Cars

Hire Purchase (HP) representative example

Based on a cash price of £14,645 with a £1,465 deposit total, borrowing £13,181 at a representative APR of 12.90% and the following:

• 47 monthly payments of: £348.19
• Final payment: £358.19
• Cash price: £14,645.00
• Customer deposit: £1,464.50
• Total deposit: £1,464.50
• Amount of credit: £13,180.50
• Total amount payable: £18,187.62
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 12.17%
• APR: 12.90%