Hire Purchase (HP) Finance Example: Cash Price £18,750.00.
Total Deposit £9,375.00.
Total Amount of Credit £9,375.00.
First Payment of £210.49,
Followed by 58 Payments of £210.49,
with a Final Payment of £210.49.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £3,254.40.
Total Amount Payable £22,004.40
Annual Fixed Interest Rate of 6.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.