Representative Example for Hire Purchase (HP): Cash price £19,995.00, Annual Interest Rate (fixed) 6.27% p.a., with a representative 11.9% APR, total amount of credit £17,996.00, deposit of £1,999.00, an initial payment of £393.96, followed by 58 monthly payments of £393.96 with a final payment of £394.96, total amount payable is £25,637.60
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