Hire Purchase (HP) Finance Example: Cash Price £5,995.00.
Total Deposit £2,997.50.
Total Amount of Credit £2,997.50.
First Payment of £86.22,
Followed by 46 Payments of £86.22,
with a Final Payment of £86.22.
Duration of Agreement is 48 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £1,141.06.
Total Amount Payable £7,136.06
Annual Fixed Interest Rate of 6.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.