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Finance representative example (HP)

Total cash price £11,495. Borrowing £10,345.50 with a £1,149.50 deposit at a representative APR of 12.9%.

First payment of
£231.14
58 monthly payments of
£231.14
Fixed interest rate
12.9%
Option-to-purchase fee
£1
Final payment
£232.14
Total amount payable
£15,018.90