Hire Purchase (HP) Finance Example: Cash Price £8,250.00.
Total Deposit £4,125.00.
Total Amount of Credit £4,125.00.
First Payment of £96.74,
Followed by 58 Payments of £96.74,
with a Final Payment of £96.74.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £1,679.40.
Total Amount Payable £9,929.40
Annual Fixed Interest Rate of 6.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.