Representative Example
Product
Hire Purchase
Cash Price
£39,850.00
Deposit
£3,985.00
Total Amount of Credit
£35,865.00
Total Amount Payable
£46,060.36
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
6.9%
Duration of Agreement
58
Initial Payment
£725.42
Monthly Payment
£725.42
Final Payment
£726.42
APR Representative
6.9%