Representative Example
Hire Purchase (HP) Finance Example: Cash Price £7,499.00.
Total Deposit £3,749.50.
Total Amount of Credit £3,749.50.
First Payment of £88.61,
Followed by 58 Payments of £88.61,
with a Final Payment of £88.61.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £1,567.10.
Total Amount Payable £9,066.10
Annual Fixed Interest Rate of 6.0%.
APR 15.7%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.