Representative Example for Hire Purchase (HP): Cash price £17,950.00, Annual Interest Rate (fixed) 5.18% p.a., with a representative 9.9% APR, total amount of credit £17,950.00, deposit of £0.00, an initial payment of £376.99, followed by 58 monthly payments of £376.99 with a final payment of £386.99, total amount payable is £22,629.40