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Guide to the Common Dealership Terms When Buying A Car

Car Examer

List Price The list price is the manufacturer’s suggested retail price (the “sticker price”). While it’s a helpful starting point, keep in mind you can often negotiate below this, as dealerships sometimes have offers or discounts that can bring down the cost.

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Upstart Unveils Enhanced Showroom, Financing Solutions

AutoSuccessOnline

Upstart announced the largest and most significant set of product enhancements to the in-store and financing solutions on its Auto Retail platform. Sales managers can adjust all deal details including multiple down payment options and finance, lease and cash options in one view with just a few clicks. The result?

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Understanding Dealership Jargon: Terms the Public May Not Know

Shawn Ryder

MSRP (Manufacturer’s Suggested Retail Price) The price that the manufacturer recommends the dealership sell the car for. 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.