Representative Example for Hire Purchase (HP): Cash price £10,495.00, Annual Interest Rate (fixed) 5.19% p.a., with a representative 9.9% APR, total amount of credit £9,446.00, deposit of £1,049.00, an initial payment of £198.28, followed by 58 monthly payments of £198.28 with a final payment of £198.28, total amount payable is £12,945.80