Used Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £35,645 with a £3,565 deposit total, borrowing £32,081 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £833.76
• Final payment: £833.76
• Cash price: £35,645.00
• Customer deposit: £3,564.50
• Total deposit: £3,564.50
• Amount of credit: £32,080.50
• Total amount payable: £43,584.98
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.29%
• APR: 11.90%