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Representative Example for Hire Purchase (HP): Cash price £20,490.00, Annual Interest Rate (fixed) 8.75% p.a., with a representative 21% APR, total amount of credit £19,490.00, deposit of £1,000.00, an initial payment of £1,797.09, followed by 10 monthly payments of £1,797.09 with a final payment of £1,807.09, total amount payable is £22,575.08
- 2010
- 24,339
- Manual
- 5.2 Ltr
- Red
- Petrol
DEPOSIT TAKEN
- 2019
- 400
- Automatic
- 2.9 Ltr
- Red
- Petrol
£60,999
- 2013
- 58,819
- Automatic
- 3.0 Ltr
- Black
- Diesel
£59,995
- 2012
- 66,186
- Automatic
- 3.0 Ltr
- White
- Diesel
DEPOSIT TAKEN
- 2010
- 55,588
- Automatic
- 3.0 Ltr
- White
- Diesel
£32,995
- 2012
- 29,899
- Automatic
- 6.2 Ltr
- Black
- Petrol
£32,495
- 2010
- 61,924
- Manual
- 2.0 Ltr
- Purple
- Diesel
SOLD
Finance Representative
Product
HP
Cash Price
£20,490.00
Deposit
£1,000.00
Total Amount of Credit
£19,490.00
Total Amount Payable
£22,575.08
Administration Fee
£340.00
Option to Purchase Fee
£10.00
Fixed Rate
8.75%
Duration of Agreement
12
Initial Payment
£1797.09
Monthly Payment
£1797.09
x
10
Final Payment
£1807.09
APR Representative
21%
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