Hire Purchase (HP) Finance Example: Cash Price £24,495.00.
Total Deposit £12,247.50.
Total Amount of Credit £12,247.50.
First Payment of £272.73,
Followed by 58 Payments of £272.73,
with a Final Payment of £272.73.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £4,116.30.
Total Amount Payable £28,611.30
Annual Fixed Interest Rate of 6.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.