Representative Example
Product
Hire Purchase
Cash Price
£21,850.00
Deposit
£2,185.00
Total Amount of Credit
£19,665.00
Total Amount Payable
£25,377.20
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
6.9%
Duration of Agreement
60
Initial Payment
£386.52
Monthly Payment
£386.52
Final Payment
£387.52
APR Representative
6.9%