Representative Example for Hire Purchase (HP): Cash price £19,980.00, Annual Interest Rate (fixed) 5.73% p.a., with a representative 10.9% APR, total amount of credit £19,980.00, deposit of £0.00, an initial payment of £428.40, followed by 58 monthly payments of £428.40 with a final payment of £438.40, total amount payable is £25,714.00