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Representative Example for Hire Purchase (HP): Cash price £6,000.00, Annual Interest Rate (fixed) 9.43% p.a., with a representative 9.9% APR, total amount of credit £5700, deposit of £300.00, an initial payment of £119.65, followed by 60 monthly payments of £119.65 with a final payment of £119.65, total amount payable is £7,479.00
- 2022
- 86,450
- Manual
- 2 Ltr
- White
- Diesel
Per month
£315.90 p/m*HP
£16,200
- 2018
- 65,343
- Automatic
- 3.2 Ltr
- Grey
- Diesel
Per month
£413.33 p/m*HP
£16,000+VAT
- 2021
- 72,000
- Manual
- 2 Ltr
- White
- Diesel
Per month
£216.67 p/m*HP
£10,000+VAT
Finance Representative
Product
HP
Cash Price
£16,000.00
Deposit
£3,200.00
Total Amount Payable
£20,138.00
Fixed Rate
6.00%
Duration of Agreement
48
Initial Payment
£562.33
Monthly Payment
£413.33
x
46
Final Payment
£562.33
APR Representative
11.6%
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