Representative Example
Product
Hire Purchase
Cash Price
£139,850.00
Deposit
£39,850.00
Total Amount of Credit
£100,000.00
Total Amount Payable
£161,633.24
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
6.9%
Duration of Agreement
60
Initial Payment
£1,616.41
Monthly Payment
£1,616.41
Final Payment
£26,415.05
APR Representative
6.9%