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Finance representative example (HP)

Total cash price £12,230. Borrowing £11,007.00 with a £1,223.00 deposit at a representative APR of 12.9%.

First payment of
£245.92
58 monthly payments of
£245.92
Fixed interest rate
12.9%
Option-to-purchase fee
£1
Final payment
£246.92
Total amount payable
£15,979.20