Hire Purchase (HP) Finance Example: Cash Price £6,495.00.
Total Deposit £3,247.50.
Total Amount of Credit £3,247.50.
First Payment of £77.95,
Followed by 58 Payments of £77.95,
with a Final Payment of £77.95.
Duration of Agreement is 60 Months.
Fees of £350.00 are included in the payments shown.
Interest Charges of £1,429.50.
Total Amount Payable £7,924.50
Annual Fixed Interest Rate of 6.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.