Representative Example
Product
Hire Purchase
Cash Price
£99,850.00
Deposit
£22,917.50
Total Amount of Credit
£76,932.50
Total Amount Payable
£116,198.90
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
6.9%
Duration of Agreement
60
Initial Payment
£1,280.70
Monthly Payment
£1,280.70
Final Payment
£17,720.40
APR Representative
6.9%