Representative Example for Hire Purchase (HP): Cash price £59,450.00, Annual Interest Rate (fixed) 5.52% p.a., with a representative 9.9% APR, total amount of credit £59,450.00, deposit of £0.00, an initial payment of £768.89, followed by 118 monthly payments of £768.89 with a final payment of £778.89, total amount payable is £92,276.80