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Representative Example for Hire Purchase (HP): Cash price £6,000.00, Annual Interest Rate (fixed) 9.43% p.a., with a representative 9.9% APR, total amount of credit £5700, deposit of £300.00, an initial payment of £119.65, followed by 60 monthly payments of £119.65 with a final payment of £119.65, total amount payable is £7,479.00
- 2016
- 115,000
- Manual
- 1.6 Ltr
- Silver
- Diesel
£120.77 p/m*HP
£5,195
Finance Representative
Product
HP
Cash Price
£4,675.00
Deposit
£520.00
Total Amount Payable
£6,095.00
Fixed Rate
6.00%
Duration of Agreement
48
Initial Payment
£269.77
Monthly Payment
£120.77
x
46
Final Payment
£269.77
APR Representative
13.5%
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