Representative Example for Hire Purchase (HP): Cash price £23,495.00, Annual Interest Rate (fixed) 5.19% p.a., with a representative 9.9% APR, total amount of credit £21,146.00, deposit of £2,349.00, an initial payment of £443.89, followed by 58 monthly payments of £443.89 with a final payment of £453.89, total amount payable is £28,992.40