Representative Example for Hire Purchase (HP): Payable by 60 payments of £887.40. Payments are based on a duration of agreement of 60 months, a Cash Price of £47,995.00, with a deposit of £4,799.50 leaving an amount of credit of £43,195.50. The agreement is calculated using a fixed rate of interest of 0.00% per year resulting in Representative 8.90% APR and a total amount payable of £53,243.72 We act as a credit broker, not a lender.