Finance representative example (HP)

Total cash price £4,995. Borrowing £4,495.50 with a £499.50 deposit at a representative APR of 11.4%.

First payment of

£97.40

58 monthly payments of

£97.40

Fixed interest rate

6%

Option-to-purchase fee

£0

Final payment

£97.40

Total amount payable

£6,343.50