Representative Example for Hire Purchase (HP): Cash price £19,995.00, Annual Interest Rate (fixed) 4.61% p.a., with a representative 8.9% APR, total amount of credit £17,996.00, deposit of £1,999.00, an initial payment of £444.05, followed by 46 monthly payments of £444.05 with a final payment of £444.05, total amount payable is £23,313.40