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Finance representative example (HP)
Total cash price £6,500. Borrowing £5,850.00 with a £650.00 deposit at a representative APR of 10.9%.
- First payment of
- £166.72
- 40 monthly payments of
- £166.72
- Fixed interest rate
- 10.9%
- Option-to-purchase fee
- £1
- Final payment
- £167.72
- Total amount payable
- £7,653.24
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