Hire Purchase (HP) Finance Example: Cash Price £19,995.00.
Total Deposit £9,997.50.
Total Amount of Credit £9,997.50.
First Payment of £224.20,
Followed by 58 Payments of £224.20,
with a Final Payment of £224.20.
Duration of Agreement is 60 Months.
Fees of £350.00 are included in the payments shown.
Interest Charges of £3,454.50.
Total Amount Payable £23,449.50
Annual Fixed Interest Rate of 6.0%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.