What is OTR (on the road)?

An 'on the road' cost is usually given when buying a brand-new car. It's essentially everything you need to pay to be able to drive your car out onto the road. That means the car's list price, or its financing costs if you're taking out credit, along with the cost of registration, road tax (VED) and any other fees needed to drive it away. You can avoid a lot of these upfront costs by buying a used car.