What is a hire purchase agreement
What is personal contract purchase?
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Representative Example HP
An OTR Cash Price of £8,395.00 with a deposit of £839.50 leaving an amount of credit of £7,555.50. The agreement is resulting a Representative 12.9% APR, Rate of interest 12.9% and a total amount payable of £10,968.50. Payments are based on a duration of agreement of 60 months, with a first monthly payment of £ 168.80, regular monthly payment of £168.80 and a final monthly payment of £169.80. All physical quotes supplied by Park Garage are in accordance with current FCA regulations and are subject to a full credit search.