Car Examer

NOVEMBER 2, 2024

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. It’s worth comparing APRs from different lenders, as your credit score and loan term will affect the rate offered.

Balloon Payment 59

Balloon Payment Term Mileage Limit Gap Insurance 59

Shawn Ryder

JANUARY 19, 2025

As dealerships aim to clear their lots of older inventory, they often offer substantial markdowns, trade-in incentives, and financing deals to attract buyers. Financing Offers: Attractive financing terms, like 0% APR or deferred payment options. Are you financing or paying cash?

Deal 52

Deal Sales Quota Finance 52

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. The F&I manager will also offer additional products such as extended warranties and GAP insurance. Knowing this price can give buyers leverage during negotiations.

Gap Insurance 40

Gap Insurance Term Extended Warranty Insurance 40

Turbo Marketing Solutions

JUNE 13, 2024

Financing and Insurance Guidance Purchasing a vehicle involves not only choosing the right car but also understanding the financial aspects and insurance considerations. When customers feel confident about their financing options, they are more likely to consider your dealership for their vehicle purchase.

Sales 52

Sales Dealerships Marketing Insurance 52