Representative Example
Hire Purchase (HP) Finance Example: Cash Price £11,999.00.
Total Deposit £5,999.50.
Total Amount of Credit £5,999.50.
First Payment of £137.36,
Followed by 58 Payments of £137.36,
with a Final Payment of £137.36.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £2,242.10.
Total Amount Payable £14,241.10
Annual Fixed Interest Rate of 6.0%.
APR 14.1%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.