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Typical Representative Finance Example
Product
Hire Purchase
Cash Price
£10,900.00
Total Deposit
£1,090.00
Total Amount of Credit
£9,810.00
First Payment
£214.59
58 Monthly Payments
£214.59
Final Payment
£224.59
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£10.00
Interest Charges
£3,075.40
Total Amount Payable
£13,975.40
Annual Fixed Interest Rate
6.25%
Representative APR
11.90%
Product
Hire Purchase
Cash Price
£10,900.00
Total Deposit
£1,090.00
Total Amount of Credit
£9,810.00
First Payment
£214.59
58 Monthly Payments
£214.59
Final Payment
£224.59
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£10.00
Interest Charges
£3,075.40
Total Amount Payable
£13,975.40
Annual Fixed Interest Rate
6.25%
Representative APR
11.90%
Product
Hire Purchase
Cash Price
£10,900.00
Total Deposit
£1,090.00
Total Amount of Credit
£9,810.00
First Payment
£214.59
58 Monthly Payments
£214.59
Final Payment
£224.59
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£10.00
Interest Charges
£3,075.40
Total Amount Payable
£13,975.40
Annual Fixed Interest Rate
6.25%
Representative APR
11.90%

Finance Calculator

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Ford Fiesta 1.6T EcoBoost ST-2 Hatchback 3dr Petrol Manual Euro 5 (182 ps)
Year
2015
Mileage
69,257 miles
Seats
5
Doors
3
Body Shape
Hatchback
Colour
Blue
Fuel Type
Petrol
Transmission
Manual
MPG
47.9 mpg
Insurance Group
30E
Typical Representative Finance Example
Product: Hire Purchase | Cash Price: £6,500 | Total Deposit: £650 | Total Amount of Credit: £5,850 | First Payment: £127.92 | 58 Monthly Payments: £127.92 | Final Payment: £137.92 | Agreement Duration: 60 months | Admin Fee: £0 | Option to Purchase Fee: £10 | Interest Charges: £1,835.20 | Total Amount Payable: £8,335.20 | Annual Fixed Interest Rate: 6.24% | Representative APR: 11.90%