Representative Example
Product
Hire Purchase
Cash Price
£32,850.00
Deposit
£3,285.00
Total Amount of Credit
£29,565.00
Total Amount Payable
£39,434.74
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.6%
Duration of Agreement
60
Initial Payment
£530.43
Monthly Payment
£530.43
Final Payment
£4,854.66
APR Representative
7.6%