Representative Example
Hire Purchase (HP) Finance Example: Cash Price £35,995.00.
Total Deposit £17,997.50.
Total Amount of Credit £17,997.50.
First Payment of £397.31,
Followed by 58 Payments of £397.31,
with a Final Payment of £397.31.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £5,841.10.
Total Amount Payable £41,836.10
Annual Fixed Interest Rate of 6.0%.
APR 12.3%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.