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Monthly Outright

Hire Purchase Representative Example

Monthly Payment £189.00

Customer Deposit £4,735

Term 49 months

APR 7.9% APR Representative

Amount of Credit £13,213

Guaranteed Future Value / Optional Final Payment£7,388

Total Amount Payable£21,195

Rate of Interest (fixed) 7.61%

Excess Mileage (pence per mile) 4.8p

Annual Mileage 8,000

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