Representative Example
Product
Hire Purchase
Cash Price
£37,850.00
Deposit
£3,785.00
Total Amount of Credit
£34,065.00
Total Amount Payable
£43,329.66
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
6.9%
Duration of Agreement
54
Initial Payment
£732.29
Monthly Payment
£732.29
Final Payment
£733.29
APR Representative
6.9%