Representative Example
Product
Hire Purchase
Cash Price
£82,350.00
Deposit
£16,667.50
Total Amount of Credit
£65,682.50
Total Amount Payable
£93,792.04
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
6.9%
Duration of Agreement
57
Initial Payment
£1,325.36
Monthly Payment
£1,325.36
Final Payment
£1,326.36
APR Representative
6.9%