Representative Example for Hire Purchase (HP): Cash price £10,499.00, Annual Interest Rate (fixed) 5.17% p.a., with a representative 9.9% APR, total amount of credit £9,449.00, deposit of £1,050.00, an initial payment of £198.55, followed by 58 monthly payments of £198.55 with a final payment of £208.55, total amount payable is £12,973.00