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Representative Hire Purchase Example
Initial payment of:
Final payment of:
Period of the agreement:
On the road cash price:
Total amount of credit:
Total cost of credit:
Total amount payable:
This quotation is in relation to a regulated Hire Purchase and Fixed Sum Credit Loan agreement. It is not an Offer of credit & is valid for 14 days from the date of creation. Credit is only available to persons 18 years or over. The Car People Offer Credit from a number of finance providers & may receive a payment from them regarding finance agreements written with them.
For Hire Purchase (HP) & Personal Contract Purchase (PCP) loans you will not own the vehicle until the loan has been paid in full.
BE SURE YOU CAN AFFORD THE REPAYMENTS & CONSIDER ANY POTENTIAL CHANGE OF CIRCUMSTANCES THAT MAY AFFECT YOUR ABILITY TO REPAY THE LOAN BEFORE YOU ENTER INTO A CREDIT AGREEMENT.