Representative Example
Product
Hire Purchase
Cash Price
£29,850.00
Deposit
£2,985.00
Total Amount of Credit
£26,865.00
Total Amount Payable
£32,387.65
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.6%
Duration of Agreement
29
Initial Payment
£1,013.85
Monthly Payment
£1,013.85
Final Payment
£1,014.85
APR Representative
7.6%