Hire Purchase (HP) Finance Example: Cash Price £3,995.00.
Total Deposit £1,997.50.
Total Amount of Credit £1,997.50.
First Payment of £50.65,
Followed by 58 Payments of £50.65,
with a Final Payment of £50.65.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £1,041.50.
Total Amount Payable £5,036.50
Annual Fixed Interest Rate of 6.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.