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What's This?

APR

Customer

Down Payment

How to be Sure You’re Presenting Auto Loan Terms That Are Right for Your Customers

AutoRaptor

APRIL 5, 2024

Buying a car is a major financial decision , and as a dealership or salesperson, it’s essential to ensure that you’re presenting auto loan terms that are right for your customers. Another essential factor to evaluate is your customer’s debt-to-income ratio. Let’s explore each of these aspects in detail.

Term

Term Down Payment Customer Prepayment Penalties

Understanding Dealership Jargon: Terms the Public May Not Know

Shawn Ryder

FEBRUARY 7, 2024

F&I (Finance and Insurance) A department within a dealership responsible for arranging financing and insurance for customers purchasing vehicles. APR (Annual Percentage Rate) The annual rate charged for borrowing or earned through an investment. Upside Down When you owe more on your vehicle loan than the car is currently worth.

Term

Term Gap Insurance Dealerships Extended Warranty

How to be Sure You’re Presenting Auto Loan Terms That Are Right for Your Customers

Understanding Dealership Jargon: Terms the Public May Not Know

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