Representative Example for Hire Purchase (HP): Cash price £18,495.00, Annual Interest Rate (fixed) 5.18% p.a., with a representative 9.9% APR, total amount of credit £16,646.00, deposit of £1,849.00, an initial payment of £349.29, followed by 58 monthly payments of £349.29 with a final payment of £359.29, total amount payable is £22,816.40