Representative Example
Product
Hire Purchase
Cash Price
£64,850.00
Deposit
£6,485.00
Total Amount of Credit
£58,365.00
Total Amount Payable
£78,539.54
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.9%
Duration of Agreement
60
Initial Payment
£1,042.18
Monthly Payment
£1,042.18
Final Payment
£10,566.22
APR Representative
7.9%