Representative Example
Product
Hire Purchase
Cash Price
£79,850.00
Deposit
£14,167.50
Total Amount of Credit
£65,682.50
Total Amount Payable
£92,423.04
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.6%
Duration of Agreement
56
Initial Payment
£1,351.32
Monthly Payment
£1,351.32
Final Payment
£1,352.32
APR Representative
7.6%