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Hire Purchase: Payable by XX payments of £XXX.XX. Payments are based on a duration of agreement of XX months, a Cash Price OTR of £X,XXX.XX with a deposit of £X,XXX.XX leaving an amount of credit of £X,XXX.XX. The agreement is calculated using a fixed rate of interest of X.XX% per year resulting in Representative XX.X% APR and a total amount payable of £XX,XXX.XX.

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Representative example

Hire Purchase: Payable by XX payments of £XXX.XX. Payments are based on a duration of agreement of XX months, a Cash Price OTR of £X,XXX.XX with a deposit of £X,XXX.XX leaving an amount of credit of £X,XXX.XX. The agreement is calculated using a fixed rate of interest of X.XX% per year resulting in Representative XX.X% APR and a total amount payable of £XX,XXX.XX.