Representative Example
Product
Hire Purchase
Cash Price
£139,850.00
Deposit
£39,850.00
Total Amount of Credit
£100,000.00
Total Amount Payable
£163,413.99
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.6%
Duration of Agreement
60
Initial Payment
£1,688.51
Monthly Payment
£1,688.51
Final Payment
£23,941.90
APR Representative
7.6%