What is a hire purchase agreement
What is personal contract purchase?
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Representative Example HP
An OTR Cash Price of £5,795.00 with a deposit of £579.50 leaving an amount of credit of £5,215.50. The agreement is resulting a Representative 9.9% APR, Rate of interest 5.16% and a total amount payable of £7,150.50. Payments are based on a duration of agreement of 60 months, with a first monthly payment of £ 109.35, regular monthly payment of £109.35 and a final monthly payment of £119.35. All physical quotes supplied by Langton Motor Company are in accordance with current FCA regulations and are subject to a full credit search.