Hire Purchase (HP) Finance Example: Cash Price £7,350.00.
Total Deposit £3,675.00.
Total Amount of Credit £3,675.00.
First Payment of £86.99,
Followed by 58 Payments of £86.99,
with a Final Payment of £86.99.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £1,544.40.
Total Amount Payable £8,894.40
Annual Fixed Interest Rate of 6.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.