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Finance representative example (HP)

Total cash price £14,360. Borrowing £12,924.00 with a £1,436.00 deposit at a representative APR of 8.9%.

First payment of
£266.59
58 monthly payments of
£266.59
Fixed interest rate
4.75%
Option-to-purchase fee
£1
Final payment
£267.59
Total amount payable
£17,432.40