Representative Example
Hire Purchase (HP) Finance Example: Cash Price £40,999.00.
Total Deposit £20,499.50.
Total Amount of Credit £20,499.50.
First Payment of £451.52,
Followed by 58 Payments of £451.52,
with a Final Payment of £451.52.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £6,591.70.
Total Amount Payable £47,590.70
Annual Fixed Interest Rate of 6.0%.
APR 12.2%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.