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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
- 15,000
- Automatic
- 5 Ltr
- Grey
- Petrol
- 2024
- 11,000
- Automatic
- 3 Ltr
- Black
- Diesel
DEPOSIT TAKEN
- 2023
- 24,000
- Automatic
- 3 Ltr
- Grey
- Diesel
- 2022
- 49,000
- Automatic
- 3 Ltr
- Grey
- Diesel
- 2016
- 76,000
- Manual
- 2 Ltr
- White
- Diesel
Finance Representative
Product
HP
Cash Price
£38,655.00
Deposit
£4,295.00
Total Amount Payable
£50,549.50
Fixed Rate
6.00%
Duration of Agreement
60
Initial Payment
£986.52
Monthly Payment
£837.52
x
58
Final Payment
£986.52
APR Representative
11.1%
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