Representative Example
Product
Hire Purchase
Cash Price
£109,850.00
Deposit
£10,985.00
Total Amount of Credit
£98,865.00
Total Amount Payable
£126,664.65
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
6.9%
Duration of Agreement
57
Initial Payment
£2,029.45
Monthly Payment
£2,029.45
Final Payment
£2,030.45
APR Representative
6.9%