Representative Example
Hire Purchase (HP) Finance Example: Cash Price £5,999.00.
Total Deposit £2,999.50.
Total Amount of Credit £2,999.50.
First Payment of £72.36,
Followed by 58 Payments of £72.36,
with a Final Payment of £72.36.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £1,342.10.
Total Amount Payable £7,341.10
Annual Fixed Interest Rate of 6.0%.
APR 16.8%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.