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Representative Example HP
An OTR Cash Price of £10,995.00 with a deposit of £549.75 leaving an amount of credit of £10,445.25. The agreement is resulting a Representative 10.9% APR and a total amount payable of £13,987.15. Payments are based on a duration of agreement of 60 months, with a first monthly payment of £ 223.79, regular monthly payment of £223.79 and a final monthly payment of £233.79.
House Of Motors LTD is authorised and regulated by the Financial Conduct Authority for consumer credit and is permitted to advice on and arrange General Insurance Contracts,(our FRN is 658084 register.fca.org.uk). As an FCA-regulated credit broker we can introduce you to a selected group of lenders (a list is available on request) who may be able to help you finance your purchase. This group of lenders provides us with a range of products which may be suitable for your purchase (subject to status) we will explain the key features of those products to you. We do not charge fees for our Consumer Credit services. We will be paid a commission for introducing you to our selective group of lenders, this will be a percentage of the amount that you borrow. If you ask us what the amount of commission is, we will tell you in good time before the Finance agreement is executed
