Car Finance

Representative Example HP
An OTR Cash Price of £9,250.00 with a deposit of £10.00 leaving an amount of credit of £9,240.00. The agreement is resulting a Representative 11.5% APR, Rate of interest 6.04% and a total amount payable of £12,048.20. Payments are based on a duration of agreement of 60 months, with a first monthly payment of £ 200.47, regular monthly payment of £200.47 and a final monthly payment of £210.47.
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What is HP?