Representative Example
Hire Purchase (HP) Finance Example: Cash Price £32,995.00.
Total Deposit £16,497.50.
Total Amount of Credit £16,497.50.
First Payment of £365.03,
Followed by 58 Payments of £365.03,
with a Final Payment of £365.03.
Duration of Agreement is 60 Months.
Fees of £350.00 are included in the payments shown.
Interest Charges of £5,404.30.
Total Amount Payable £38,399.30
Annual Fixed Interest Rate of 6.0%.
APR 12.4%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.