Representative Example for Hire Purchase (HP): Cash price £11,450.00, Annual Interest Rate (fixed) 5.19% p.a., with a representative 9.9% APR, total amount of credit £10,305.00, deposit of £1,145.00, an initial payment of £216.31, followed by 58 monthly payments of £216.31 with a final payment of £216.31, total amount payable is £14,123.60