Hire Purchase (HP) Finance Example: Cash Price £12,995.00.
Total Deposit £6,497.50.
Total Amount of Credit £6,497.50.
First Payment of £148.15,
Followed by 58 Payments of £148.15,
with a Final Payment of £148.15.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £2,391.50.
Total Amount Payable £15,386.50
Annual Fixed Interest Rate of 6.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.