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Finance representative example (HP)

Total cash price £12,640. Borrowing £11,376.00 with a £1,264.00 deposit at a representative APR of 12.9%.

First payment of
£254.16
58 monthly payments of
£254.16
Fixed interest rate
12.9%
Option-to-purchase fee
£1
Final payment
£255.16
Total amount payable
£16,514.60