Representative Example
Hire Purchase (HP) Finance Example: Cash Price £8,499.00.
Total Deposit £4,249.50.
Total Amount of Credit £4,249.50.
First Payment of £99.44,
Followed by 58 Payments of £99.44,
with a Final Payment of £99.44.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £1,716.90.
Total Amount Payable £10,215.90
Annual Fixed Interest Rate of 6.0%.
APR 15.2%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.