Representative Example
Product
Hire Purchase
Cash Price
£84,850.00
Deposit
£8,485.00
Total Amount of Credit
£76,365.00
Total Amount Payable
£98,171.89
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
6.9%
Duration of Agreement
52
Initial Payment
£1,456.05
Monthly Payment
£1,456.05
Final Payment
£15,774.58
APR Representative
6.9%