Representative Example
Hire Purchase (HP) Finance Example: Cash Price £14,999.00.
Total Deposit £7,499.50.
Total Amount of Credit £7,499.50.
First Payment of £169.86,
Followed by 58 Payments of £169.86,
with a Final Payment of £169.86.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £2,692.10.
Total Amount Payable £17,691.10
Annual Fixed Interest Rate of 6.0%.
APR 13.6%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.