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Representative Example for Hire Purchase (HP): Cash price £12,990.00, Annual Interest Rate (fixed) 11.9% p.a., with a representative 11.9% APR, total amount of credit £12,990.00, deposit of £2,598.00, an initial payment of £284.35, followed by 58 monthly payments of £284.35 with a final payment of £285.35, total amount payable is £19,660.00
SMART FORFOUR
1.0 Edition 1 Hatchback 5dr Petrol Manual Euro 6 (s/s) (71 ps)
SMART FORFOUR 1.0 Edition 1 Hatchback 5dr Petrol Manual Euro 6 (s/s) (71 ps)
- 2015
- 57,510 miles
- 1 L
- TBC kWh
- Petrol
- Manual
£3,290
Finance Representative
Product
CS
Cash Price
£3,290.00
Deposit
£329.00
Total Amount of Credit
£2,961.00
Total Amount Payable
£4,571.80
Administration Fee
£0.00
Option to Purchase Fee
£10.00
Fixed Rate
18.9%
Duration of Agreement
52
Initial Payment
£81.40
Monthly Payment
£81.40
x
50
Final Payment
£91.40
APR Representative
18.9%