Representative Example
Hire Purchase (HP) Finance Example: Cash Price £59,995.00.
Total Deposit £29,997.50.
Total Amount of Credit £29,997.50.
First Payment of £657.53,
Followed by 58 Payments of £657.53,
with a Final Payment of £657.53.
Duration of Agreement is 60 Months.
Fees of £350.00 are included in the payments shown.
Interest Charges of £9,454.30.
Total Amount Payable £69,449.30
Annual Fixed Interest Rate of 6.0%.
APR 12.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.