Representative Example for Hire Purchase (HP): Cash price £30,980.00, Annual Interest Rate (fixed) 5.18% p.a., with a representative 9.9% APR, total amount of credit £25,980.00, deposit of £5,000.00, an initial payment of £545.55, followed by 58 monthly payments of £545.55 with a final payment of £555.55, total amount payable is £37,743.00
FORD KUGA
1.5 TDCi ST-Line Powershift Euro 6 (s/s) 5dr
- 2018
- 42,979 miles
12,940
£12,940
Finance Representative
Product
HP
Cash Price
£12,940.00
Deposit
£5,000.00
Total Amount of Credit
£7,940.00
Total Amount Payable
£15,022.80
Administration Fee
£0.00
Option to Purchase Fee
£10.00
Fixed Rate
5.17%
Duration of Agreement
60
Initial Payment
£166.88
Monthly Payment
£166.88
x
58
Final Payment
£176.88
APR Representative
9.9%