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Representative Example for Hire Purchase (HP): Payable by 120 payments of £451.73. Payments are based on a duration of agreement of 120 months, a Cash Price of £58,995.00, with a deposit of £26,547.75 leaving an amount of credit of £32,447.25. The agreement is calculated using a fixed rate of interest of 6.63% per year resulting in Representative 11.91% APR and a total amount payable of £80,954.35 The representative example includes an estimated option to purchase fee of £10.00. We act as a credit broker, not a lender.