Representative Example for Hire Purchase (HP): Cash price £17,750.00, Annual Interest Rate (fixed) 5.18% p.a., with a representative 9.9% APR, total amount of credit £17,750.00, deposit of £0.00, an initial payment of £372.80, followed by 58 monthly payments of £372.80 with a final payment of £382.80, total amount payable is £22,378.00