Representative Example for Hire Purchase (HP): Payable by 60 payments of £199.59. Payments are based on a duration of agreement of 60 months, a Cash Price of £10,795.00, with a deposit of £1,079.50 leaving an amount of credit of £9,715.50. 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 £11,975.54 We act as a credit broker, not a lender.