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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
- 2021
- 21,000
- Manual
- 1.2 Ltr
- White
- Petrol
Per month
£243.75 p/m*HP
£12,500
Finance Representative
Product
HP
Cash Price
£11,250.00
Deposit
£1,250.00
Total Amount Payable
£14,923.00
Fixed Rate
6.00%
Duration of Agreement
60
Initial Payment
£392.75
Monthly Payment
£243.75
x
58
Final Payment
£392.75
APR Representative
11.7%
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