What is a hire purchase agreement
What is personal contract purchase?
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Representative Example HP
An OTR Cash Price of £3,000.00 with a deposit of £300.00 leaving an amount of credit of £2,700.00. The agreement is resulting a Representative 23.8% APR, Rate of interest 9.9% and a total amount payable of £4,811.80. Payments are based on a duration of agreement of 60 months, with a first monthly payment of £ 72.28, regular monthly payment of £72.28 and a final monthly payment of £247.28. All physical quotes supplied by Cars Direct 2 U are in accordance with current FCA regulations and are subject to a full credit search.