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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 118.21 p/m
£5,295
- Year 2014
- Battery Capacity TBC kWh
- Transmission Manual
- Engine size 1.6 Ltr
- Mileage 85,451
Finance Representative
Product
HP
Cash Price
£5,295.00
Deposit
£0.00
Total Amount of Credit
£5,295.00
Total Amount Payable
£7,102.60
Administration Fee
£0.00
Option to Purchase Fee
£10.00
Fixed Rate
6.79%
Duration of Agreement
60
Initial Payment
£118.21
Monthly Payment
£118.21
x
58
Final Payment
£128.21
APR Representative
12.9%