Representative Example
Product
Hire Purchase
Cash Price
£259,850.00
Deposit
£159,850.00
Total Amount of Credit
£100,000.00
Total Amount Payable
£270,202.50
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
6.9%
Duration of Agreement
35
Initial Payment
£3,152.90
Monthly Payment
£3,152.90
Final Payment
£3,153.90
APR Representative
6.9%