Representative Example for Hire Purchase (HP): Cash price £19,995.00, Annual Interest Rate (fixed) 5.19% p.a., with a representative 9.9% APR, total amount of credit £17,996.00, deposit of £1,999.00, an initial payment of £377.77, followed by 58 monthly payments of £377.77 with a final payment of £387.77, total amount payable is £24,675.20