Representative Example
Hire Purchase (HP) Finance Example: Cash Price £18,995.00.
Total Deposit £9,497.50.
Total Amount of Credit £9,497.50.
First Payment of £213.15,
Followed by 58 Payments of £213.15,
with a Final Payment of £213.15.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £3,291.50.
Total Amount Payable £22,286.50
Annual Fixed Interest Rate of 6.0%.
APR 13.1%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.