Representative Example
Product
Hire Purchase
Cash Price
£64,850.00
Deposit
£6,485.00
Total Amount of Credit
£58,365.00
Total Amount Payable
£78,586.28
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.9%
Duration of Agreement
60
Initial Payment
£1,038.54
Monthly Payment
£1,038.54
Final Payment
£10,827.72
APR Representative
7.9%