Representative Example
Hire Purchase (HP) Finance Example: Cash Price £7,999.00.
Total Deposit £3,999.50.
Total Amount of Credit £3,999.50.
First Payment of £94.02,
Followed by 58 Payments of £94.02,
with a Final Payment of £94.02.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £1,641.70.
Total Amount Payable £9,640.70
Annual Fixed Interest Rate of 6.0%.
APR 15.5%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.