Representative Example
Product
Hire Purchase
Cash Price
£47,350.00
Deposit
£4,651.67
Total Amount of Credit
£41,865.00
Total Amount Payable
£54,408.59
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
6.9%
Duration of Agreement
60
Initial Payment
£788.08
Monthly Payment
£788.08
Final Payment
£3,260.01
APR Representative
6.9%