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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
- 2012
- 97,000 miles
- 1.6 ltr
- Silver
- Petrol
- Manual
£2,750
From
£66.76 p/m*.
Finance Representative
Product
HP
Cash Price
£2,475.00
Deposit
£275.00
Total Amount Payable
£3,218.50
Fixed Rate
6.00%
Duration of Agreement
36
Initial Payment
£230.12
Monthly Payment
£81.12
x
34
Final Payment
£230.12
APR Representative
17.5%
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