Hire Purchase (HP) Finance Example: Cash Price £5,495.00.
Total Deposit £2,747.50.
Total Amount of Credit £2,747.50.
First Payment of £66.90,
Followed by 58 Payments of £66.90,
with a Final Payment of £66.90.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £1,266.50.
Total Amount Payable £6,761.50
Annual Fixed Interest Rate of 6.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.