Representative Example
Product
Hire Purchase
Cash Price
£44,850.00
Deposit
£4,735.00
Total Amount of Credit
£42,615.00
Total Amount Payable
£54,988.10
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.6%
Duration of Agreement
53
Initial Payment
£937.48
Monthly Payment
£937.48
Final Payment
£938.48
APR Representative
7.6%