Representative Example for Hire Purchase (HP): Cash price £59,780.00, Annual Interest Rate (fixed) 5.52% p.a., with a representative 9.9% APR, total amount of credit £53,802.00, deposit of £5,978.00, an initial payment of £695.84, followed by 118 monthly payments of £695.84 with a final payment of £705.84, total amount payable is £89,488.80
