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hire agreement 14 day cancellation

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  • hire agreement 14 day cancellation

    hi
    i went to buy a car on monday , they offered me what i thought was a good finance deal said it was 6.5 and a good rate. something was niggling me for days. when i checked foems there was several hidden charges and the interest was 4000 quid nearly. it turned out that 6.5 was flat rate not apr. so i rang garage they said ring company and cancellation policy and get finance else where
    in small print it says i have to pay the full amount i needed for the car and interest for everyday???
    is this right
    i havent made any payments yet, so surely all i pay them is the interest and then pay for the car to the dealer? or do i have to pay the hire agreement finance company the price of car and the interst. dont want to end up with nothing!!!!!!!!!!!!! please helpppppppp
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