Representative Example
Product
Hire Purchase
Cash Price
£30,850.00
Deposit
£3,085.00
Total Amount of Credit
£27,765.00
Total Amount Payable
£33,652.93
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.6%
Duration of Agreement
31
Initial Payment
£986.03
Monthly Payment
£986.03
Final Payment
£987.03
APR Representative
7.6%