Remove Balloon Payment Remove Deal Remove Retail
article thumbnail

Guide to the Common Dealership Terms When Buying A Car

Car Examer

Understanding these terms can help you feel more confident, negotiate better, and ultimately drive away with a great deal. List Price The list price is the manufacturer’s suggested retail price (the “sticker price”). Balloon Payment In a PCP agreement, the balloon payment is the final, larger payment needed to own the car outright.