Car Finance

Representative Example HP
An OTR Cash Price of £5,250.00 with a deposit of £10.00 leaving an amount of credit of £5,240.00. The agreement is resulting a Representative 11.5% APR, Rate of interest 6.02% and a total amount payable of £6,837.80. Payments are based on a duration of agreement of 60 months, with a first monthly payment of £ 113.63, regular monthly payment of £113.63 and a final monthly payment of £123.63.
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What is HP?