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Representative Example for Hire Purchase (HP): Cash price £10,990.00, Annual Interest Rate (fixed) 5.66% p.a., with a representative 10.9% APR, total amount of credit £10,441.00, deposit of £549.00, an initial payment of £266.77, followed by 46 monthly payments of £266.77 with a final payment of £266.77, total amount payable is £13,353.96
- 2014
- 105,000 miles
- 2.2 ltr
- Silver
- Diesel
- Automatic
£7,350
From
£178.42 p/m*.
Finance Representative
Product
HP
Cash Price
£6,615.00
Deposit
£735.00
Total Amount Payable
£8,103.70
Fixed Rate
6.00%
Duration of Agreement
36
Initial Payment
£365.82
Monthly Payment
£216.82
x
34
Final Payment
£365.82
APR Representative
13.3%