Representative Example
Product
Hire Purchase
Cash Price
£21,850.00
Deposit
£2,185.00
Total Amount of Credit
£19,665.00
Total Amount Payable
£25,742.60
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.6%
Duration of Agreement
60
Initial Payment
£392.61
Monthly Payment
£392.61
Final Payment
£393.61
APR Representative
7.6%