Representative Example
Product
Hire Purchase
Cash Price
£99,850.00
Deposit
£9,985.00
Total Amount of Credit
£89,865.00
Total Amount Payable
£118,354.60
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.9%
Duration of Agreement
60
Initial Payment
£1,806.16
Monthly Payment
£1,806.16
Final Payment
£1,806.16
APR Representative
7.9%