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Representative Example for Hire Purchase (HP): Payable by 60 payments of £703.54. Payments are based on a duration of agreement of 60 months, a Cash Price of £34,989.00, with a deposit of £3,498.90 leaving an amount of credit of £31,490.10. The agreement is calculated using a fixed rate of interest of 6.81% per year resulting in Representative 12.90% APR and a total amount payable of £45,712.30 The representative example includes an estimated option to purchase fee of £1.00. We act as a credit broker, not a lender.