Representative Example for Hire Purchase (HP): Cash price £20,995.00, Annual Interest Rate (fixed) 5.19% p.a., with a representative 9.9% APR, total amount of credit £18,896.00, deposit of £2,099.00, an initial payment of £396.66, followed by 58 monthly payments of £396.66 with a final payment of £406.66, total amount payable is £25,908.60