New Car Sales & Dealership in Grays, Essex

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Typical Representative Finance Example
Product
Hire Purchase
Cash Price
£10,995.00
Total Deposit
£1,099.50
Total Amount of Credit
£9,895.50
First Payment
£221.08
58 Monthly Payments
£221.08
Final Payment
£222.08
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£1.00
Interest Charges
£3,370.30
Total Amount Payable
£14,365.30
Annual Fixed Interest Rate
6.81%
Representative APR
12.90%
Product
Hire Purchase
Cash Price
£10,995.00
Total Deposit
£1,099.50
Total Amount of Credit
£9,895.50
First Payment
£221.08
58 Monthly Payments
£221.08
Final Payment
£222.08
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£1.00
Interest Charges
£3,370.30
Total Amount Payable
£14,365.30
Annual Fixed Interest Rate
6.81%
Representative APR
12.90%
Product
Hire Purchase
Cash Price
£10,995.00
Total Deposit
£1,099.50
Total Amount of Credit
£9,895.50
First Payment
£221.08
58 Monthly Payments
£221.08
Final Payment
£222.08
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£1.00
Interest Charges
£3,370.30
Total Amount Payable
£14,365.30
Annual Fixed Interest Rate
6.81%
Representative APR
12.90%