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Typical Representative Finance Example
| Product Hire Purchase | Cash Price £47,940.00 |
| Total Deposit £7,990.00 | Total Amount of Credit £9,643.60 |
| First Payment £826.56 | 58 Monthly Payments £826.56 |
| Final Payment £827.56 | Agreement Duration 61 months |
| Admin Fee £0.00 | Option to Purchase Fee £1.00 |
| Interest Charges £9,644.60 | Total Amount Payable £57,584.60 |
| Annual Fixed Interest Rate 4.75% | Representative APR 8.90% |
| Product Hire Purchase | Cash Price £47,940.00 | Total Deposit £7,990.00 | Total Amount of Credit £9,643.60 | First Payment £826.56 |
| 58 Monthly Payments £826.56 | Final Payment £827.56 | Agreement Duration 61 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 |
| Interest Charges £9,644.60 | Total Amount Payable £57,584.60 | Annual Fixed Interest Rate 4.75% | Representative APR 8.90% |
| Product Hire Purchase | Cash Price £47,940.00 | Total Deposit £7,990.00 | Total Amount of Credit £9,643.60 | First Payment £826.56 | 58 Monthly Payments £826.56 | Final Payment £827.56 |
| Agreement Duration 61 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 | Interest Charges £9,644.60 | Total Amount Payable £57,584.60 | Annual Fixed Interest Rate 4.75% | Representative APR 8.90% |