Representative Example for Hire Purchase (HP): Cash price £42,450.00, Annual Interest Rate (fixed) 5.19% p.a., with a representative 9.9% APR, total amount of credit £41,450.00, deposit of £1,000.00, an initial payment of £870.10, followed by 58 monthly payments of £870.10 with a final payment of £880.10, total amount payable is £53,216.00
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