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Representative Example for Hire Purchase (HP): Cash price £12,990.00, Annual Interest Rate (fixed) 11.9% p.a., with a representative 11.9% APR, total amount of credit £12,990.00, deposit of £2,598.00, an initial payment of £284.35, followed by 58 monthly payments of £284.35 with a final payment of £285.35, total amount payable is £19,660.00
FIAT 500
1.2 Lounge Hatchback 3dr Petrol Dualogic Euro 6 (s/s) (69 bhp)
- 2017
- 32,412 miles
- 1.2 L
- kWh
- Petrol
- Automatic
£9,286+VAT
Finance Representative
Product
HP
Cash Price
£9,286.00
Deposit
£1,857.00
Total Amount of Credit
£9,286.00
Total Amount Payable
£14,305.60
Administration Fee
£0.00
Option to Purchase Fee
£1.00
Fixed Rate
12.9%
Duration of Agreement
60
Initial Payment
£207.46
Monthly Payment
£207.46
x
58
Final Payment
£208.46
APR Representative
12.9%
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