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Representative Example for Hire Purchase (HP): Cash price £6,000.00, Annual Interest Rate (fixed) 9.43% p.a., with a representative 9.9% APR, total amount of credit £5700, deposit of £300.00, an initial payment of £119.65, followed by 60 monthly payments of £119.65 with a final payment of £119.65, total amount payable is £7,479.00
- 2013
- 132,000 miles
- 1.60 ltr
- Blue
- Diesel
- Automatic
£8,495
From £250.59 p/m*
Finance Representative
Product
HP
Cash Price
£7,645.00
Deposit
£850.00
Total Amount Payable
£9,319.10
Fixed Rate
6.00%
Duration of Agreement
36
Initial Payment
£399.59
Monthly Payment
£250.59
x
34
Final Payment
£399.59
APR Representative
13.0%