Representative Example
Product
Hire Purchase
Cash Price
£24,850.00
Deposit
£2,485.00
Total Amount of Credit
£22,365.00
Total Amount Payable
£29,126.17
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
6.9%
Duration of Agreement
59
Initial Payment
£413.70
Monthly Payment
£413.70
Final Payment
£2,725.71
APR Representative
6.9%