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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
- 2018
- 54,000
- Automatic
- 1.39 Ltr
- TBC KwH
- Black
- Petrol
£7,995
- 2016
- 74,000
- Manual
- 1.39 Ltr
- TBC KwH
- Silver
- Petrol
£4,995
Finance Representative
Product
HP
Cash Price
£7,195.00
Deposit
£800.00
Total Amount Payable
£9,219.80
Fixed Rate
6.00%
Duration of Agreement
48
Initial Payment
£334.87
Monthly Payment
£185.87
x
46
Final Payment
£334.87
APR Representative
12.5%
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