Representative Example for Hire Purchase (HP): Payable by 60 payments of £517.61. Payments are based on a duration of agreement of 60 months, a Cash Price of £27,995.00, with a deposit of £2,799.50 leaving an amount of credit of £25,195.50. 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 £31,056.52 We act as a credit broker, not a lender.