Representative Example
Product
Hire Purchase
Cash Price
£259,850.00
Deposit
£159,850.00
Total Amount of Credit
£100,000.00
Total Amount Payable
£273,072.29
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.9%
Duration of Agreement
39
Initial Payment
£2,903.11
Monthly Payment
£2,903.11
Final Payment
£2,904.11
APR Representative
7.9%