Representative Example
Product
Hire Purchase
Cash Price
£92,350.00
Deposit
£10,917.50
Total Amount of Credit
£81,432.50
Total Amount Payable
£106,954.50
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
6.9%
Duration of Agreement
60
Initial Payment
£1,600.60
Monthly Payment
£1,600.60
Final Payment
£1,601.60
APR Representative
6.9%