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Representative Example for Hire Purchase (HP): Cash price £14,990.00, Annual Interest Rate (fixed) 5.66% p.a., with a representative 10.9% APR, total amount of credit £14,241.00, deposit of £749.00, an initial payment of £363.87, followed by 46 monthly payments of £363.87 with a final payment of £363.87, total amount payable is £18,214.76
- 2016
- 107,000 miles
- 2.2 ltr
- White
- Diesel
- Automatic
£9,990
From
£242.50 p/m*.
Finance Representative
Product
HP
Cash Price
£8,991.00
Deposit
£999.00
Total Amount Payable
£11,446.84
Fixed Rate
6.00%
Duration of Agreement
48
Initial Payment
£381.27
Monthly Payment
£232.27
x
46
Final Payment
£381.27
APR Representative
12.2%