Representative Example
Hire Purchase (HP) Finance Example: Cash Price £9,999.00.
Total Deposit £4,999.50.
Total Amount of Credit £4,999.50.
First Payment of £115.69,
Followed by 58 Payments of £115.69,
with a Final Payment of £115.69.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £1,941.90.
Total Amount Payable £11,940.90
Annual Fixed Interest Rate of 6.0%.
APR 14.7%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.