Used White Cars

Hire Purchase (HP) representative example

Based on a cash price of £5,295 with a £530 deposit total, borrowing £4,766 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £123.85
• Final payment: £123.85
• Cash price: £5,295.00
• Customer deposit: £529.50
• Total deposit: £529.50
• Amount of credit: £4,765.50
• Total amount payable: £6,474.30
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.22%
• APR: 11.90%