Representative Example
Product
Hire Purchase
Cash Price
£31,850.00
Deposit
£3,185.00
Total Amount of Credit
£28,665.00
Total Amount Payable
£34,837.20
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.6%
Duration of Agreement
32
Initial Payment
£989.10
Monthly Payment
£989.10
Final Payment
£990.10
APR Representative
7.6%