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Representative Example for Hire Purchase (HP): Cash price £11,811.00, Annual Interest Rate (fixed) 4.64% p.a., with a representative 8.9% APR, total amount of credit £11,811.00, deposit of £0.00, an initial payment of £242.85, followed by 58 monthly payments of £242.85 with a final payment of £252.85, total amount payable is £14,581.00
- 2018
- 41,582
- Blue
- Fast charge: TBC mins
- Range: TBC miles
- 1.60 ltr
- Automatic
- Petrol
Per month
£185.32 p/m*.
£9,011
+£189 Admin fee
Finance Representative
Product
HP
Cash Price
£9,011.00
Deposit
£0.00
Total Amount of Credit
£9,011.00
Total Amount Payable
£11,129.20
Administration Fee
£0.00
Option to Purchase Fee
£10.00
Fixed Rate
4.63%
Duration of Agreement
60
Initial Payment
£185.32
Monthly Payment
£185.32
x
58
Final Payment
£195.32
APR Representative
8.9%
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