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Representative Example for Hire Purchase (HP): Cash price £7,295.00, Annual Interest Rate (fixed) 6.8% p.a., with a representative 12.9% APR, total amount of credit £7,295.00, deposit of £0.00, an initial payment of £162.92, followed by 58 monthly payments of £162.92 with a final payment of £172.92, total amount payable is £9,785.20
Finance from 267.89 p/m
£11,995
- Year 2016
- Battery Capacity TBC kWh
- Transmission Automatic
- Engine size 3 Ltr
- Mileage 86,707
Finance Representative
Product
HP
Cash Price
£11,995.00
Deposit
£0.00
Total Amount of Credit
£11,995.00
Total Amount Payable
£16,083.40
Administration Fee
£0.00
Option to Purchase Fee
£10.00
Fixed Rate
6.8%
Duration of Agreement
60
Initial Payment
£267.89
Monthly Payment
£267.89
x
58
Final Payment
£277.89
APR Representative
12.9%