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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
IVECO DAILY
3.0L AUTO 178 BHP
- 2018
- 72,763 miles
- 3 L
- TBC kWh
- Diesel
- Automatic
£14,490
Finance Representative
Product
HP
Cash Price
£14,490.00
Deposit
£1,449.00
Total Amount of Credit
£13,041.00
Total Amount Payable
£18,577.60
Administration Fee
£0.00
Option to Purchase Fee
£1.00
Fixed Rate
11.9%
Duration of Agreement
60
Initial Payment
£285.46
Monthly Payment
£285.46
x
58
Final Payment
£286.46
APR Representative
11.9%