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Representative Example for Hire Purchase (HP): Payable by 48 payments of £1,110.15. Payments are based on a duration of agreement of 48 months, a Cash Price of £49,990.00, with a deposit of £4,999.00 leaving an amount of credit of £44,991.00. The agreement is calculated using a fixed rate of interest of 4.61% per year resulting in Representative 8.90% APR and a total amount payable of £58,287.20 The representative example includes an estimated option to purchase fee of £1.00. We act as a credit broker, not a lender.