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Representative Example for Hire Purchase (HP): Cash price £12,995.00, Annual Interest Rate (fixed) 5.19% p.a., with a representative 9.9% APR, total amount of credit £11,696.00, deposit of £1,299.00, an initial payment of £245.51, followed by 58 monthly payments of £245.51 with a final payment of £245.51, total amount payable is £16,029.60
Finance Representative
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PCP subject to an annual mileage, excess mileage fees may apply.
Product
PCP
Cash Price
£11,595.00
Deposit
£1,159.00
Total Amount of Credit
£10,436.00
Total Amount Payable
£15,447.65
Administration Fee
£0.00
Option to Purchase Fee
£1.00
Fixed Rate
5.72%
Duration of Agreement
46
Initial Payment
£157.57
Monthly Payment
£157.57
x
44
Final Payment
£7198.00
APR Representative
11.9%
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