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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 £11,691.00, deposit of £1,299.00, an initial payment of £255.91, followed by 58 monthly payments of £255.91 with a final payment of £256.91, total amount payable is £16,654.60
FIAT 500
1.2 Lounge Hatchback 3dr Petrol Dualogic Euro 6 (s/s) (69 bhp)
AUTOMATIC, PETROL
- 2017
- 32,412 miles
- 1.2 L
- TBC kWh
- Petrol
- Automatic
£6,490
Finance Representative
Product
HP
Cash Price
£6,490.00
Deposit
£649.00
Total Amount of Credit
£5,841.00
Total Amount Payable
£8,639.00
Administration Fee
£0.00
Option to Purchase Fee
£1.00
Fixed Rate
13.9%
Duration of Agreement
60
Initial Payment
£133.15
Monthly Payment
£133.15
x
58
Final Payment
£134.15
APR Representative
13.9%