Hire Purchase (HP) Finance Example: Cash Price £19,495.00.
Total Deposit £9,747.50.
Total Amount of Credit £9,747.50.
First Payment of £218.78,
Followed by 58 Payments of £218.78,
with a Final Payment of £218.78.
Duration of Agreement is 60 Months.
Fees of £350.00 are included in the payments shown.
Interest Charges of £3,379.30.
Total Amount Payable £22,874.30
Annual Fixed Interest Rate of 6.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.