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.

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Balloon Payment Term Dealerships Mileage Limit 59

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. It’s often used as a starting point for negotiations.

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Term Gap Insurance Dealerships Extended Warranty 40

Turbo Marketing Solutions

JUNE 13, 2024

For instance, you could create a series of blog posts or videos that walk through the process of obtaining a car loan, explaining terms like APR (Annual Percentage Rate) in simple language, offering guidance on how to improve credit scores for better loan rates, and comparing different financing options available at your dealership.

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Dealerships Marketing Sales Buyer 52