Representative Example for Hire Purchase (HP): Cash price £8,295.00, Annual Interest Rate (fixed) 5.73% p.a., with a representative 10.9% APR, total amount of credit £8,295.00, deposit of £0.00, an initial payment of £177.86, followed by 58 monthly payments of £177.86 with a final payment of £178.86, total amount payable is £10,672.60