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Representative Example for Hire Purchase (HP): Cash price £14,424.00, Annual Interest Rate (fixed) 4.64% p.a., with a representative 8.9% APR, total amount of credit £12,982.00, deposit of £1,442.00, an initial payment of £266.56, followed by 58 monthly payments of £266.56 with a final payment of £276.56, total amount payable is £17,445.60
2015 BMW 2 SERIES
2.0 218d SE Coupe 2dr Diesel Manual Euro 6 (s/s) (150 ps)
- Year2015
- Mileage116,000 miles
- Fuel TypeDiesel
- Engine Size2 L
- TransmissionManual
Finance Representative
Product
HP
Cash Price
£5,595.00
Deposit
£559.00
Total Amount of Credit
£5,036.00
Total Amount Payable
£6,713.00
Administration Fee
£0.00
Option to Purchase Fee
£10.00
Fixed Rate
12.11%
Duration of Agreement
40
Initial Payment
£153.85
Monthly Payment
£153.85
x
38
Final Payment
£153.85
APR Representative
12.9%