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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
- 2014
- 118,000 miles
- 2 ltr
- White
- Diesel
- Manual
£5,995+VAT
From £196.50 p/m*
Finance Representative
Product
HP
Cash Price
£5,995.00
Deposit
£1,199.00
Total Amount Payable
£7,372.10
Fixed Rate
6.00%
Duration of Agreement
36
Initial Payment
£345.50
Monthly Payment
£196.50
x
34
Final Payment
£345.50
APR Representative
13.6%
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