Representative Example
Product
Hire Purchase
Cash Price
£68,600.00
Deposit
£14,940.00
Total Amount of Credit
£63,243.33
Total Amount Payable
£90,240.06
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.6%
Duration of Agreement
56
Initial Payment
£1,310.59
Monthly Payment
£1,310.59
Final Payment
£1,311.59
APR Representative
7.6%