Representative Example
Product
Hire Purchase
Cash Price
£30,850.00
Deposit
£3,085.00
Total Amount of Credit
£27,765.00
Total Amount Payable
£36,603.10
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
6.9%
Duration of Agreement
60
Initial Payment
£475.55
Monthly Payment
£475.55
Final Payment
£5,460.80
APR Representative
6.9%