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Representative Example for Hire Purchase (HP): Cash price £12,750.00, Annual Interest Rate (fixed) 5.66% p.a., with a representative 10.9% APR, total amount of credit £12,113.00, deposit of £637.00, an initial payment of £309.49, followed by 46 monthly payments of £309.49 with a final payment of £309.49, total amount payable is £15,492.52
- 2009
- 138,000 miles
- 3 ltr
- Black
- Diesel
- Automatic
£2,990
From
£
- 2012
- 97,000 miles
- 1.6 ltr
- Silver
- Petrol
- Manual
£2,490
From
£60.45 p/m*.
Finance Representative
Product
HP
Cash Price
£2,691.00
Deposit
£299.00
Total Amount Payable
£3,473.38
Fixed Rate
6.00%
Duration of Agreement
36
Initial Payment
£237.20
Monthly Payment
£88.20
x
34
Final Payment
£237.20
APR Representative
17.0%