Hire Purchase (HP) Finance Example: Cash Price £10,995.00.
Total Deposit £5,497.50.
Total Amount of Credit £5,497.50.
First Payment of £126.70,
Followed by 58 Payments of £126.70,
with a Final Payment of £126.70.
Duration of Agreement is 60 Months.
Fees of £350.00 are included in the payments shown.
Interest Charges of £2,104.50.
Total Amount Payable £13,099.50
Annual Fixed Interest Rate of 6.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.