Representative Example for Hire Purchase (HP): Cash price £49,995.00, Annual Interest Rate (fixed) 4.65% p.a., with a representative 8.9% APR, total amount of credit £44,996.00, deposit of £4,999.00, an initial payment of £924.37, followed by 58 monthly payments of £924.37 with a final payment of £925.37, total amount payable is £60,462.20
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