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Representative Example for Hire Purchase (HP): Cash price £5,695.00, Annual Interest Rate (fixed) 6.27% p.a., with a representative 11.9% APR, total amount of credit £5,126.00, deposit of £569.00, an initial payment of £112.21, followed by 58 monthly payments of £112.21 with a final payment of £112.21, total amount payable is £7,301.60
- 2015
- 92,227 miles
- Petrol
- Manual
From £72.81p/m.
£3,695
Finance Representative
Product
HP
Cash Price
£3,325.00
Deposit
£370.00
Total Amount Payable
£4,421.00
Fixed Rate
6.00%
Duration of Agreement
48
Initial Payment
£234.90
Monthly Payment
£85.90
x
46
Final Payment
£234.90
APR Representative
14.5%