Representative Example for Hire Purchase (HP): Cash price £15,999.00, Annual Interest Rate (fixed) 4.65% p.a., with a representative 8.9% APR, total amount of credit £12,800.00, deposit of £3,199.00, an initial payment of £262.96, followed by 58 monthly payments of £262.96 with a final payment of £263.96, total amount payable is £18,977.60
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