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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
- 19,899
- Automatic
- 3 Ltr
- Silver
- Diesel
Per month
£1092.00 p/m*HP
£56,000
Finance Representative
Product
HP
Cash Price
£50,400.00
Deposit
£5,600.00
Total Amount Payable
£65,818.00
Fixed Rate
6.00%
Duration of Agreement
60
Initial Payment
£1241.00
Monthly Payment
£1092.00
x
58
Final Payment
£1241.00
APR Representative
11.0%
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