Hire Purchase (HP) Finance Example: Cash Price £8,995.00.
Total Deposit £4,497.50.
Total Amount of Credit £4,497.50.
First Payment of £105.03,
Followed by 58 Payments of £105.03,
with a Final Payment of £105.03.
Duration of Agreement is 60 Months.
Fees of £350.00 are included in the payments shown.
Interest Charges of £1,804.30.
Total Amount Payable £10,799.30
Annual Fixed Interest Rate of 6.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.