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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
- 2010
- 77,000 miles
- 4.8 ltr
- Black
- Petrol
- Automatic
£11,900
From
£
Finance Representative
Product
HP
Cash Price
£10,710.00
Deposit
£1,190.00
Total Amount Payable
£12,935.80
Fixed Rate
6.00%
Duration of Agreement
36
Initial Payment
£500.05
Monthly Payment
£351.05
x
34
Final Payment
£500.05
APR Representative
12.3%
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