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Representative Example for Hire Purchase (HP): Cash price £16,875.00, Annual Interest Rate (fixed) 5.19% p.a., with a representative 9.9% APR, total amount of credit £15,188.00, deposit of £1,687.00, an initial payment of £318.81, followed by 58 monthly payments of £318.81 with a final payment of £318.81, total amount payable is £20,815.60
2015 SMART FORFOUR 1.0 Prime (Premium Plus) Hatchback 5dr Petrol Manual Euro 6 (s/s) (71 ps)
- 2015
- 75,812 miles
- 1 ltr
- Silver
- Petrol
- Manual
Finance Representative
Product
HP
Cash Price
£4,321.00
Deposit
£432.00
Total Amount of Credit
£3,889.00
Total Amount Payable
£5,329.80
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
5.19%
Duration of Agreement
60
Initial Payment
£81.63
Monthly Payment
£81.63
x
58
Final Payment
£81.63
APR Representative
9.9%