Representative Example
Product
Hire Purchase
Cash Price
£40,850.00
Deposit
£4,085.00
Total Amount of Credit
£36,765.00
Total Amount Payable
£48,079.24
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
6.9%
Duration of Agreement
60
Initial Payment
£664.98
Monthly Payment
£664.98
Final Payment
£4,760.42
APR Representative
6.9%