Representative Example
Hire Purchase (HP) Finance Example: Cash Price £24,999.00.
Total Deposit £12,499.50.
Total Amount of Credit £12,499.50.
First Payment of £278.19,
Followed by 58 Payments of £278.19,
with a Final Payment of £278.19.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £4,191.90.
Total Amount Payable £29,190.90
Annual Fixed Interest Rate of 6.0%.
APR 12.7%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.