Representative Example
Product
Hire Purchase
Cash Price
£32,850.00
Deposit
£3,285.00
Total Amount of Credit
£29,565.00
Total Amount Payable
£39,450.78
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.6%
Duration of Agreement
60
Initial Payment
£529.12
Monthly Payment
£529.12
Final Payment
£4,947.70
APR Representative
7.6%