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Typical Representative Finance Example
| Product Hire Purchase | Cash Price £14,990.00 |
| Total Deposit £1,499.00 | Total Amount of Credit £13,491.00 |
| First Payment £295.34 | 58 Monthly Payments £295.34 |
| Final Payment £296.34 | Agreement Duration 60 months |
| Admin Fee £0.00 | Option to Purchase Fee £1.00 |
| Interest Charges £4,230.40 | Total Amount Payable £19,220.40 |
| Annual Fixed Interest Rate 6.27% | Representative APR 11.90% |
| Product Hire Purchase | Cash Price £14,990.00 | Total Deposit £1,499.00 | Total Amount of Credit £13,491.00 | First Payment £295.34 |
| 58 Monthly Payments £295.34 | Final Payment £296.34 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 |
| Interest Charges £4,230.40 | Total Amount Payable £19,220.40 | Annual Fixed Interest Rate 6.27% | Representative APR 11.90% |
| Product Hire Purchase | Cash Price £14,990.00 | Total Deposit £1,499.00 | Total Amount of Credit £13,491.00 | First Payment £295.34 | 58 Monthly Payments £295.34 | Final Payment £296.34 |
| Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 | Interest Charges £4,230.40 | Total Amount Payable £19,220.40 | Annual Fixed Interest Rate 6.27% | Representative APR 11.90% |
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