Representative Example
Hire Purchase (HP) Finance Example: Cash Price £39,999.00.
Total Deposit £19,999.50.
Total Amount of Credit £19,999.50.
First Payment of £440.69,
Followed by 58 Payments of £440.69,
with a Final Payment of £440.69.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £6,441.90.
Total Amount Payable £46,440.90
Annual Fixed Interest Rate of 6.0%.
APR 12.2%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.