Representative Example
Product
Hire Purchase
Cash Price
£79,850.00
Deposit
£7,985.00
Total Amount of Credit
£71,865.00
Total Amount Payable
£94,648.40
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.9%
Duration of Agreement
60
Initial Payment
£1,444.39
Monthly Payment
£1,444.39
Final Payment
£1,444.39
APR Representative
7.9%