Representative Example for Lease Purchase (LP): Payable by 48 payments of £262.50, with an optional final payment of £7,263.75 . Payments are based on a duration of agreement of 48 months, a Cash Price of £15,995.00, with a deposit of £1,599.50 leaving an amount of credit of £21,200.75. The agreement is calculated using a fixed rate of interest of 6.45% per year resulting in Representative 12.40% APR and a total amount payable of £21,200.75 The representative example includes an estimated option to purchase fee of £10.00.. We act as a credit broker, not a lender.