Representative Example
Product
Hire Purchase
Cash Price
£239,850.00
Deposit
£139,850.00
Total Amount of Credit
£100,000.00
Total Amount Payable
£257,784.60
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
6.9%
Duration of Agreement
60
Initial Payment
£1,965.56
Monthly Payment
£1,965.56
Final Payment
£1,966.56
APR Representative
6.9%