Representative Example
Product
Hire Purchase
Cash Price
£30,850.00
Deposit
£3,085.00
Total Amount of Credit
£27,765.00
Total Amount Payable
£36,612.11
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
6.9%
Duration of Agreement
60
Initial Payment
£474.74
Monthly Payment
£474.74
Final Payment
£5,517.75
APR Representative
6.9%