Used Vehicles

Hire Purchase (HP) representative example

Based on a cash price of £9,995 with a £999 deposit total, borrowing £8,996 at a representative APR of 11.90% and the following:

• 47 monthly payments of: £233.64
• Final payment: £243.64
• Cash price: £9,995.00
• Customer deposit: £999.00
• Total deposit: £999.00
• Amount of credit: £8,996.00
• Total amount payable: £12,223.72
• Option to purchase fee: £10.00
• Documentation fee: £0.00
• Rate of interest: 11.26%
• APR: 11.90%