Representative Example for Hire Purchase (HP): Cash price £9,500.00, Annual Interest Rate (fixed) 5.19% p.a., with a representative 9.9% APR, total amount of credit £8,550.00, deposit of £950.00, an initial payment of £179.47, followed by 60 monthly payments of £179.47 with a final payment of £180.47, total amount payable is £11,719.20