Hire Purchase (HP) Finance Example: Cash Price £11,995.00.
Total Deposit £5,997.50.
Total Amount of Credit £5,997.50.
First Payment of £137.53,
Followed by 58 Payments of £137.53,
with a Final Payment of £137.53.
Duration of Agreement is 60 Months.
Fees of £350.00 are included in the payments shown.
Interest Charges of £2,254.30.
Total Amount Payable £14,249.30
Annual Fixed Interest Rate of 6.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.