Hire Purchase (HP) Finance Example: Cash Price £9,495.00.
Total Deposit £4,747.50.
Total Amount of Credit £4,747.50.
First Payment of £110.45,
Followed by 58 Payments of £110.45,
with a Final Payment of £110.45.
Duration of Agreement is 60 Months.
Fees of £350.00 are included in the payments shown.
Interest Charges of £1,879.50.
Total Amount Payable £11,374.50
Annual Fixed Interest Rate of 6.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.