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Hire Purchase (HP) representative example
On the road price of £6,494, with a £649 customer deposit, borrowing £5,845 at a representative APR of 11.90%
- 59 monthly payments of£127.94
- Final payment£127.94
- Total amount payable£8,325.80
- Annual mileage10,000
- Option to purchase fee£10.00
- Rate of interest11.25%



