Representative Example
Hire Purchase (HP) Finance Example: Cash Price £19,999.00.
Total Deposit £9,999.50.
Total Amount of Credit £9,999.50.
First Payment of £224.02,
Followed by 58 Payments of £224.02,
with a Final Payment of £224.02.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £3,441.70.
Total Amount Payable £23,440.70
Annual Fixed Interest Rate of 6.0%.
APR 13.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.