Representative Example for Hire Purchase (HP): Cash price £13,450.00, Annual Interest Rate (fixed) 5.18% p.a., with a representative 9.9% APR, total amount of credit £13,200.00, deposit of £250.00, an initial payment of £276.98, followed by 58 monthly payments of £276.98 with a final payment of £286.98, total amount payable is £16,878.80