Representative Example
Product
Hire Purchase
Cash Price
£30,850.00
Deposit
£3,085.00
Total Amount of Credit
£27,765.00
Total Amount Payable
£33,562.70
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.6%
Duration of Agreement
30
Initial Payment
£1,015.89
Monthly Payment
£1,015.89
Final Payment
£1,016.89
APR Representative
7.6%