Representative Example for Hire Purchase (HP): Cash price £23,499.00, Annual Interest Rate (fixed) 5.73% p.a., with a representative 10.9% APR, total amount of credit £21,150.00, deposit of £2,349.00, an initial payment of £453.49, followed by 58 monthly payments of £453.49 with a final payment of £454.49, total amount payable is £29,559.40