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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
- 2017
- 65,310
- Automatic
- 2.0 Ltr
- Blue
- Diesel
Per month
DEPOSIT TAKENHP
DEPOSIT TAKEN
- 2019
- 90,812
- Manual
- 1.0 Ltr
- Blue
- Petrol
Per month
£127.88 p/m*HP
£5,500
Finance Representative
Product
HP
Cash Price
£31,500.00
Deposit
£3,500.00
Total Amount Payable
£39,358.00
Fixed Rate
6.00%
Duration of Agreement
48
Initial Payment
£962.75
Monthly Payment
£813.75
x
46
Final Payment
£962.75
APR Representative
11.2%
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