Representative Example
Hire Purchase (HP) Finance Example: Cash Price £16,999.00.
Total Deposit £8,499.50.
Total Amount of Credit £8,499.50.
First Payment of £191.52,
Followed by 58 Payments of £191.52,
with a Final Payment of £191.52.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £2,991.70.
Total Amount Payable £19,990.70
Annual Fixed Interest Rate of 6.0%.
APR 13.3%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.