Representative Example
Hire Purchase (HP) Finance Example: Cash Price £29,995.00.
Total Deposit £14,997.50.
Total Amount of Credit £14,997.50.
First Payment of £332.53,
Followed by 58 Payments of £332.53,
with a Final Payment of £332.53.
Duration of Agreement is 60 Months.
Fees of £350.00 are included in the payments shown.
Interest Charges of £4,954.30.
Total Amount Payable £34,949.30
Annual Fixed Interest Rate of 6.0%.
APR 12.5%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.