Representative Example for Hire Purchase (HP): Payable by 60 payments of £1,053.80. Payments are based on a duration of agreement of 60 months, a Cash Price of £56,995.00, with a deposit of £5,699.50 leaving an amount of credit of £51,295.50. 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 £63,227.96 We act as a credit broker, not a lender.