Representative Example
Hire Purchase (HP) Finance Example: Cash Price £21,999.00.
Total Deposit £10,999.50.
Total Amount of Credit £10,999.50.
First Payment of £245.69,
Followed by 58 Payments of £245.69,
with a Final Payment of £245.69.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £3,741.90.
Total Amount Payable £25,740.90
Annual Fixed Interest Rate of 6.0%.
APR 12.9%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.