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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
- 2016
- 25,145
- Manual
- 1.7 Ltr
- Grey
- Diesel
Per month
SOLDHP
SOLD
- 2016
- 78,200
- Manual
- 1.7 Ltr
- Black
- Diesel
Per month
£197.62 p/m*HP
£8,500
Finance Representative
Product
HP
Cash Price
£7,650.00
Deposit
£850.00
Total Amount Payable
£9,784.00
Fixed Rate
6.00%
Duration of Agreement
48
Initial Payment
£346.62
Monthly Payment
£197.62
x
46
Final Payment
£346.62
APR Representative
12.4%