Representative Example for Hire Purchase (HP): Payable by 60 payments of £150.76. Payments are based on a duration of agreement of 60 months, a Cash Price of £7,980.00, with a deposit of £798.00 leaving an amount of credit of £7,182.00. The agreement is calculated using a fixed rate of interest of 5.19% per year resulting in Representative 9.90% APR and a total amount payable of £9,843.60 We act as a credit broker, not a lender.