Hire Purchase (HP) Finance Example: Cash Price £13,495.00.
Total Deposit £6,747.50.
Total Amount of Credit £6,747.50.
First Payment of £153.56,
Followed by 58 Payments of £153.56,
with a Final Payment of £153.56.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £2,466.10.
Total Amount Payable £15,961.10
Annual Fixed Interest Rate of 6.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.