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Guide to the Common Dealership Terms When Buying A Car

Car Examer

NOVEMBER 2, 2024

Here’s a straightforward guide to the most common dealership terms you’ll hear at UK dealerships. Understanding these terms can help you feel more confident, negotiate better, and ultimately drive away with a great deal. APR (Annual Percentage Rate) APR is the interest rate on any car financing, shown as an annual percentage.

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Balloon Payment Term Dealerships Mileage Limit 59
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Decoding Car Finance – Understanding Your Options

Shawn Ryder

MARCH 13, 2024

In this blog post, we will dissect the world of car finance, breaking down the different options and terms to help you navigate through the process with confidence. Once the final payment is made, ownership of the car is transferred to you. These extra costs can significantly impact the total amount you repay over the life of the loan.

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Finance Prepayment Penalties Balloon Payment APR 52
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