HP Finance representative example

Total cash price£18,000.Borrowing£24,051with a£1,000deposit at a representative APR of12.6%.

  • Cash Price£18,000
  • Deposit£1,000
  • APR12.6%
  • monthly payments£447
  • Rate of interest12.6%
  • Total amount payable£22,459
  • Term48 months
  • Total deposit£1,000
  • Total amount of credit£17,000
  • Optional final payment£0
  • Annual mileage6,000
  • Excess cost per mile0 pence