Representative Example for Hire Purchase (HP): Payable by 60 payments of £347.51. Payments are based on a duration of agreement of 60 months, a Cash Price of £18,795.00, with a deposit of £1,879.50 leaving an amount of credit of £16,915.50. 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 £20,850.42 We act as a credit broker, not a lender.