Representative Example
Hire Purchase (HP) Finance Example: Cash Price £15,499.00.
Total Deposit £7,749.50.
Total Amount of Credit £7,749.50.
First Payment of £175.27,
Followed by 58 Payments of £175.27,
with a Final Payment of £175.27.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £2,766.70.
Total Amount Payable £18,265.70
Annual Fixed Interest Rate of 6.0%.
APR 13.5%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.