Hire Purchase (HP) Finance Example: Cash Price £10,095.00.
Total Deposit £5,047.50.
Total Amount of Credit £5,047.50.
First Payment of £116.95,
Followed by 58 Payments of £116.95,
with a Final Payment of £116.95.
Duration of Agreement is 60 Months.
Fees of £350.00 are included in the payments shown.
Interest Charges of £1,969.50.
Total Amount Payable £12,064.50
Annual Fixed Interest Rate of 6.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.