Representative Example
Hire Purchase (HP) Finance Example: Cash Price £49,999.00.
Total Deposit £24,999.50.
Total Amount of Credit £24,999.50.
First Payment of £549.02,
Followed by 58 Payments of £549.02,
with a Final Payment of £549.02.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £7,941.70.
Total Amount Payable £57,940.70
Annual Fixed Interest Rate of 6.0%.
APR 12.1%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.