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Representative Example for Hire Purchase (HP): Cash price £12,995.00, Annual Interest Rate (fixed) 5.18% p.a., with a representative 9.9% APR, total amount of credit £12,995.00, deposit of £0.00, an initial payment of £272.98, followed by 58 monthly payments of £272.98 with a final payment of £282.98, total amount payable is £16,388.80
- 2017
- 81,978
- Automatic
- 2 Ltr
- Black
- Diesel
Finance Representative
Product
HP
Cash Price
£14,995.00
Deposit
£0.00
Total Amount of Credit
£14,995.00
Total Amount Payable
£18,908.20
Administration Fee
£0.00
Option to Purchase Fee
£10.00
Fixed Rate
5.18%
Duration of Agreement
60
Initial Payment
£314.97
Monthly Payment
£314.97
x
58
Final Payment
£324.97
APR Representative
9.9%
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