Representative Example for Hire Purchase (HP): Cash price £49,995.00, Annual Interest Rate (fixed) 9.9% p.a., with a representative 9.9% APR, total amount of credit £49,995.00, deposit of £0.00, an initial payment of £646.60, followed by 118 monthly payments of £646.60 with a final payment of £656.60, total amount payable is £77,602.00