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Representative Example for Hire Purchase (HP): Payable by 60 payments of £385.69. Payments are based on a duration of agreement of 60 months, a Cash Price of £18,799.00, with a deposit of £1,879.90 leaving an amount of credit of £16,919.10. The agreement is calculated using a fixed rate of interest of 13.90% per year resulting in Representative 13.90% APR and a total amount payable of £25,022.30 The representative example includes an estimated option to purchase fee of £1.00. We act as a credit broker, not a lender.