Representative Example
Hire Purchase (HP) Finance Example: Cash Price £23,999.00.
Total Deposit £11,999.50.
Total Amount of Credit £11,999.50.
First Payment of £267.36,
Followed by 58 Payments of £267.36,
with a Final Payment of £267.36.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £4,042.10.
Total Amount Payable £28,041.10
Annual Fixed Interest Rate of 6.0%.
APR 12.8%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.