HP Finance representative example

Total cash price£8,590.Borrowing£11,175with a£1,000deposit at a representative APR of11.9%.

  • Cash Price£8,590
  • Deposit£1,000
  • APR11.9%
  • monthly payments£197
  • Rate of interest11.25%
  • Total amount payable£10,468
  • Term48 months
  • Total deposit£1,000
  • Total amount of credit£7,590
  • Optional final payment£0
  • Annual mileage6,000
  • Excess cost per mile0 pence