Representative Example
Hire Purchase (HP) Finance Example: Cash Price £49,995.00.
Total Deposit £24,997.50.
Total Amount of Credit £24,997.50.
First Payment of £548.98,
Followed by 58 Payments of £548.98,
with a Final Payment of £548.98.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £7,941.30.
Total Amount Payable £57,936.30
Annual Fixed Interest Rate of 6.0%.
APR 12.1%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.