Representative Example
Hire Purchase (HP) Finance Example: Cash Price £17,995.00.
Total Deposit £8,997.50.
Total Amount of Credit £8,997.50.
First Payment of £202.31,
Followed by 58 Payments of £202.31,
with a Final Payment of £202.31.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £3,141.10.
Total Amount Payable £21,136.10
Annual Fixed Interest Rate of 6.0%.
APR 13.2%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.