Representative Example
Product
Hire Purchase
Cash Price
£239,850.00
Deposit
£139,850.00
Total Amount of Credit
£100,000.00
Total Amount Payable
£259,643.40
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.6%
Duration of Agreement
60
Initial Payment
£1,996.54
Monthly Payment
£1,996.54
Final Payment
£1,997.54
APR Representative
7.6%