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Representative Example for Hire Purchase (HP): Payable by 60 payments of £713.72. Payments are based on a duration of agreement of 60 months, a Cash Price of £42,500.00, with a deposit of £8,500.00 leaving an amount of credit of £34,000.00. The agreement is calculated using a fixed rate of interest of 5.19% per year resulting in Representative 9.90% APR and a total amount payable of £51,324.20 The representative example includes an estimated option to purchase fee of £1.00. We act as a credit broker, not a lender.