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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
- 2019
- 57,500
- Automatic
- 4 Ltr
- Black
- Petrol
£104,950
Finance Representative
Product
HP
Cash Price
£94,455.00
Deposit
£10,495.00
Total Amount Payable
£117,422.20
Fixed Rate
6.00%
Duration of Agreement
48
Initial Payment
£2589.09
Monthly Payment
£2440.09
x
46
Final Payment
£2589.09
APR Representative
10.9%
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