Representative Example
Product
Hire Purchase
Cash Price
£29,850.00
Deposit
£2,985.00
Total Amount of Credit
£26,865.00
Total Amount Payable
£32,300.60
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.6%
Duration of Agreement
28
Initial Payment
£1,046.95
Monthly Payment
£1,046.95
Final Payment
£1,047.95
APR Representative
7.6%