Representative Example
Product
Hire Purchase
Cash Price
£32,850.00
Deposit
£3,285.00
Total Amount of Credit
£29,565.00
Total Amount Payable
£39,647.74
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.9%
Duration of Agreement
60
Initial Payment
£538.62
Monthly Payment
£538.62
Final Payment
£4,584.16
APR Representative
7.9%