Representative Example for Hire Purchase (HP): Payable by 120 payments of £404.16. Payments are based on a duration of agreement of 120 months, a Cash Price of £32,599.00, with a deposit of £0.00 leaving an amount of credit of £32,599.00. The agreement is calculated using a fixed rate of interest of 4.81% per year resulting in Representative 8.90% APR and a total amount payable of £48,698.20 The representative example includes an estimated option to purchase fee of £10.00. We act as a credit broker, not a lender.