Representative example

Hire Purchase: Payable by 47 payments of £477.74 and a final payment of £477.74. Payments are based on a duration of agreement of 48 months, a Cash Price OTR of £22,948 with a deposit of £4,250 leaving an amount of credit of £18,698. The agreement is calculated using a fixed interest rate of 5.66% per year resulting in Representative 10.9%APR and a total amount payable of £27,181.52.