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Representative Example for Hire Purchase (HP): Cash price £10,650.00, Annual Interest Rate (fixed) 6.81% p.a., with a representative 12.9% APR, total amount of credit £9,585.00, deposit of £1,065.00, an initial payment of £214.15, followed by 58 monthly payments of £214.15 with a final payment of £215.15, total amount payable is £13,915.00
- 2018
- 59,000
- Black
- Fast charge: TBC mins
- Range: TBC miles
- 2 ltr
- Manual
- Diesel
Finance Representative
Product
HP
Cash Price
£10,195.00
Deposit
£1,019.00
Total Amount of Credit
£9,176.00
Total Amount Payable
£13,320.60
Administration Fee
£0.00
Option to Purchase Fee
£1.00
Fixed Rate
6.81%
Duration of Agreement
60
Initial Payment
£205.01
Monthly Payment
£205.01
x
58
Final Payment
£206.01
APR Representative
12.9%
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