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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 Focus 1.0T EcoBoost ST-Line X Hatchback 5dr Petrol Auto Euro 6 (s/s) (125 ps)
Year
2020
Mileage
71,889 miles
Seats
5
Doors
5
Body Shape
Hatchback
Colour
Silver
Fuel Type
Petrol
Transmission
Automatic
MPG
46.3 mpg
Insurance Group
13E
Typical Representative Finance Example
Product: Personal Contract Purchase | Cash Price: £10,900 | Total Deposit: £1,090 | Total Amount of Credit: £9,810 | First Payment: £203.82 | 50 Monthly Payments: £203.82 | Final Payment: £2,925.97 | Agreement Duration: 52 months | Admin Fee: £0 | Option to Purchase Fee: £0 | Interest Charges: £3,510.79 | Total Amount Payable: £14,410.79 | Annual Fixed Interest Rate: 12.90% | Representative APR: 12.90%