Representative Example
Product
Hire Purchase
Cash Price
£34,350.00
Deposit
£3,435.00
Total Amount of Credit
£30,915.00
Total Amount Payable
£41,497.74
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
7.9%
Duration of Agreement
60
Initial Payment
£560.12
Monthly Payment
£560.12
Final Payment
£5,015.95
APR Representative
7.9%