Representative Example for Hire Purchase (HP): Payable by 48 payments of £110.35. Payments are based on a duration of agreement of 48 months, a Cash Price of £4,799.00, with a deposit of £479.90 leaving an amount of credit of £4,319.10. The agreement is calculated using a fixed rate of interest of 5.66% per year resulting in Representative 10.90% APR and a total amount payable of £5,776.70 We act as a credit broker, not a lender.