Representative Example for Hire Purchase (HP): Payable by 60 payments of £151.04. Payments are based on a duration of agreement of 60 months, a Cash Price of £7,995.00, with a deposit of £799.50 leaving an amount of credit of £7,195.50. The agreement is calculated using a fixed rate of interest of 0.00% per year resulting in Representative 9.90% APR and a total amount payable of £9,062.34 We act as a credit broker, not a lender.