Representative Example
Product
Hire Purchase
Cash Price
£109,850.00
Deposit
£19,417.50
Total Amount of Credit
£90,432.50
Total Amount Payable
£131,186.12
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.6%
Duration of Agreement
60
Initial Payment
£1,524.77
Monthly Payment
£1,524.77
Final Payment
£21,807.04
APR Representative
7.6%