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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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MINI Countryman 1.6 Cooper S SUV 5dr Petrol Manual ALL4 Euro 5 (s/s) (184 ps)
Year
2011
Mileage
79,050 miles
Seats
5
Doors
5
Body Shape
SUV
Colour
Light White
Fuel Type
Petrol
Transmission
Manual
MPG
42.2 mpg
Insurance Group
28E
Typical Representative Finance Example
Product: Hire Purchase | Cash Price: £4,750 | Total Deposit: £475 | Total Amount of Credit: £4,275 | First Payment: £93.44 | 58 Monthly Payments: £93.44 | Final Payment: £103.44 | Agreement Duration: 60 months | Admin Fee: £0 | Option to Purchase Fee: £10 | Interest Charges: £1,341.40 | Total Amount Payable: £6,091.40 | Annual Fixed Interest Rate: 6.23% | Representative APR: 11.90%