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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
- 2016
- 59,000 miles
- 3.20 ltr
- Brown
- Diesel
- Automatic
£19,250
From
£467.27 p/m*.
Finance Representative
Product
HP
Cash Price
£17,325.00
Deposit
£1,925.00
Total Amount Payable
£21,781.00
Fixed Rate
6.00%
Duration of Agreement
48
Initial Payment
£596.56
Monthly Payment
£447.56
x
46
Final Payment
£596.56
APR Representative
11.5%