APR, Gap Insurance and MSRP - Auto Dealership Digest

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APR

Gap Insurance

MSRP

Leasing A VW ID.4 For $190 May Make You Rethink That Tesla Model Y

Carscoops

JANUARY 9, 2025

It’s generally not advisable to put cash down on a lease because GAP insurance will only cover the remaining balance and not the downpayment if the car is totaled or stolen. 4 to lease is the base Standard trim, carrying an MSRP of $39,735 and capped at 10,000 miles per year. 4 models have 0% APR for 72 months.

APR

APR Gap Insurance Finance Deal

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. 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.

Term

Term Gap Insurance Dealerships Extended Warranty

Leasing A VW ID.4 For $190 May Make You Rethink That Tesla Model Y

Understanding Dealership Jargon: Terms the Public May Not Know

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