Representative Example
Hire Purchase (HP) Finance Example: Cash Price £29,999.00.
Total Deposit £14,999.50.
Total Amount of Credit £14,999.50.
First Payment of £332.36,
Followed by 58 Payments of £332.36,
with a Final Payment of £332.36.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £4,942.10.
Total Amount Payable £34,941.10
Annual Fixed Interest Rate of 6.0%.
APR 12.5%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.