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Representative Example for Hire Purchase (HP): Cash price £12,990.00, Annual Interest Rate (fixed) 5.66% p.a., with a representative 10.9% APR, total amount of credit £12,341.00, deposit of £649.00, an initial payment of £315.32, followed by 46 monthly payments of £315.32 with a final payment of £315.32, total amount payable is £15,784.36
- 2016
- 59,000 miles
- 3.20 ltr
- Brown
- Diesel
- Automatic
£19,490
From
£473.09 p/m*.
Finance Representative
Product
HP
Cash Price
£17,541.00
Deposit
£1,949.00
Total Amount Payable
£22,048.84
Fixed Rate
6.00%
Duration of Agreement
48
Initial Payment
£602.14
Monthly Payment
£453.14
x
46
Final Payment
£602.14
APR Representative
11.5%
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