Representative Example
Product
Hire Purchase
Cash Price
£259,850.00
Deposit
£159,850.00
Total Amount of Credit
£100,000.00
Total Amount Payable
£269,295.84
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.6%
Duration of Agreement
29
Initial Payment
£3,773.96
Monthly Payment
£3,773.96
Final Payment
£3,774.96
APR Representative
7.6%