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Typical Representative Finance Example
| Product Hire Purchase | Cash Price £24,995.00 |
| Total Deposit £2,499.50 | Total Amount of Credit £22,495.50 |
| First Payment £472.22 | 58 Monthly Payments £472.22 |
| Final Payment £473.22 | Agreement Duration 60 months |
| Admin Fee £0.00 | Option to Purchase Fee £1.00 |
| Interest Charges £5,838.70 | Total Amount Payable £30,833.70 |
| Annual Fixed Interest Rate 5.19% | Representative APR 9.90% |
| Product Hire Purchase | Cash Price £24,995.00 | Total Deposit £2,499.50 | Total Amount of Credit £22,495.50 | First Payment £472.22 |
| 58 Monthly Payments £472.22 | Final Payment £473.22 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 |
| Interest Charges £5,838.70 | Total Amount Payable £30,833.70 | Annual Fixed Interest Rate 5.19% | Representative APR 9.90% |
| Product Hire Purchase | Cash Price £24,995.00 | Total Deposit £2,499.50 | Total Amount of Credit £22,495.50 | First Payment £472.22 | 58 Monthly Payments £472.22 | Final Payment £473.22 |
| Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 | Interest Charges £5,838.70 | Total Amount Payable £30,833.70 | Annual Fixed Interest Rate 5.19% | Representative APR 9.90% |