Representative Example
Hire Purchase (HP) Finance Example: Cash Price £28,999.00.
Total Deposit £14,499.50.
Total Amount of Credit £14,499.50.
First Payment of £321.52,
Followed by 58 Payments of £321.52,
with a Final Payment of £321.52.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £4,791.70.
Total Amount Payable £33,790.70
Annual Fixed Interest Rate of 6.0%.
APR 12.5%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.