Representative Example
Product
Hire Purchase
Cash Price
£11,850.00
Deposit
£1,185.00
Total Amount of Credit
£10,665.00
Total Amount Payable
£14,422.22
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.9%
Duration of Agreement
60
Initial Payment
£184.89
Monthly Payment
£184.89
Final Payment
£2,328.71
APR Representative
7.9%