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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
- 2015
- 148,000
- Automatic
- 2 Ltr
- Grey
- Diesel
£106.82 p/m*HP
£4,595
- 2014
- 132,773
- Manual
- 1.5 Ltr
- Red
- Diesel
£HP
£2,499
Finance Representative
Product
HP
Cash Price
£4,135.00
Deposit
£460.00
Total Amount Payable
£5,425.40
Fixed Rate
6.00%
Duration of Agreement
48
Initial Payment
£255.82
Monthly Payment
£106.82
x
46
Final Payment
£255.82
APR Representative
13.8%
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