Representative Example
Product
Hire Purchase
Cash Price
£82,350.00
Deposit
£16,667.50
Total Amount of Credit
£65,682.50
Total Amount Payable
£94,976.37
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.6%
Duration of Agreement
57
Initial Payment
£1,345.66
Monthly Payment
£1,345.66
Final Payment
£1,346.66
APR Representative
7.6%