Representative Example
Product
Hire Purchase
Cash Price
£94,850.00
Deposit
£13,417.50
Total Amount of Credit
£81,432.50
Total Amount Payable
£111,618.70
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.9%
Duration of Agreement
60
Initial Payment
£1,636.67
Monthly Payment
£1,636.67
Final Payment
£1,637.67
APR Representative
7.9%