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Guide to the Common Dealership Terms When Buying A Car

Car Examer

NOVEMBER 2, 2024

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. APR includes both the interest rate and any fees, giving you the true cost of borrowing.

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Balloon Payment Term Dealerships Mileage Limit 59
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The Ultimate Car Buying Guide for 2024: Tips on Choosing the Right Vehicle, Understanding Financing Options, and Navigating Dealership Negotiations

Shawn Ryder

FEBRUARY 7, 2024

Understand the terms, including mileage limits and wear-and-tear policies. Review the Contract Carefully: Before signing, review all terms, including the APR, loan term, and any additional fees or services included in the deal. Navigating Dealership Negotiations 1.

Finance 98
Finance Dealerships Mileage Limit Rebate 98
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