Representative Example
Product
Hire Purchase
Cash Price
£124,850.00
Deposit
£24,850.00
Total Amount of Credit
£100,000.00
Total Amount Payable
£145,442.00
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.9%
Duration of Agreement
60
Initial Payment
£2,009.85
Monthly Payment
£2,009.85
Final Payment
£2,010.85
APR Representative
7.9%