Representative Example for Hire Purchase (HP): Cash price £17,495.00, Annual Interest Rate (fixed) 10.9% p.a., with a representative 10.9% APR, total amount of credit £15,746.00, deposit of £1,749.00, an initial payment of £337.58, followed by 58 monthly payments of £337.58 with a final payment of £338.58, total amount payable is £22,004.80