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Representative Example for Hire Purchase (HP): Cash price £12,495.00, Annual Interest Rate (fixed) 5.18% p.a., with a representative 9.9% APR, total amount of credit £12,495.00, deposit of £0.00, an initial payment of £262.49, followed by 58 monthly payments of £262.49 with a final payment of £272.49, total amount payable is £15,759.40
Finance Representative
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PCP subject to an annual mileage, excess mileage fees may apply.
Product
PCP
Cash Price
£12,995.00
Deposit
£0.00
Total Amount of Credit
£12,995.00
Total Amount Payable
£16,486.86
Administration Fee
£0.00
Option to Purchase Fee
£0.00
Fixed Rate
4.97%
Duration of Agreement
49
Initial Payment
£248.32
Monthly Payment
£248.32
x
47
Final Payment
£4567.50
APR Representative
9.9%