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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%

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Ford Fiesta 1.0T EcoBoost ST-Line Hatchback 5dr Petrol Manual Euro 6 (s/s) (125 ps)
Year
2017
Mileage
34,524 miles
Seats
5
Doors
5
Body Shape
Hatchback
Colour
Silver
Fuel Type
Petrol
Transmission
Manual
MPG
65.7 mpg
Insurance Group
18E
Typical Representative Finance Example
Product: Hire Purchase | Cash Price: £7,900 | Total Deposit: £790 | Total Amount of Credit: £7,110 | First Payment: £155.53 | 58 Monthly Payments: £155.53 | Final Payment: £165.53 | Agreement Duration: 60 months | Admin Fee: £0 | Option to Purchase Fee: £10 | Interest Charges: £2,231.80 | Total Amount Payable: £10,131.80 | Annual Fixed Interest Rate: 6.25% | Representative APR: 11.90%