Hire Purchase (HP) Finance Example: Cash Price £9,495.00.
Total Deposit £949.50.
Total Amount of Credit £8,545.50.
First Payment of £192.52,
Followed by 58 Payments of £192.52,
with a Final Payment of £192.52.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £3,005.70.
Total Amount Payable £12,500.70
Annual Fixed Interest Rate of 6.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.