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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
- 2020
- 47,220
- Automatic
- 0.0 Ltr
- Grey
- Electric
Per month
£160.88 p/m*HP
£8,250
Finance Representative
Product
HP
Cash Price
£7,425.00
Deposit
£825.00
Total Amount Payable
£9,950.50
Fixed Rate
6.00%
Duration of Agreement
60
Initial Payment
£309.88
Monthly Payment
£160.88
x
58
Final Payment
£309.88
APR Representative
12.1%
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