Representative Example
Product
Hire Purchase
Cash Price
£19,850.00
Deposit
£1,985.00
Total Amount of Credit
£17,865.00
Total Amount Payable
£23,772.74
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.6%
Duration of Agreement
60
Initial Payment
£325.10
Monthly Payment
£325.10
Final Payment
£2,606.84
APR Representative
7.6%