Car Examer

NOVEMBER 2, 2024

Here’s a straightforward guide to the most common dealership terms you’ll hear at UK dealerships. When you’re buying a car, especially for the first time, the terminology used at UK car dealerships can feel overwhelming. A fixed rate gives you consistency, while a variable rate may save you money if rates go down.

Balloon Payment 59

Balloon Payment Term Dealerships Mileage Limit 59

Your Car Buying Advocate

DECEMBER 5, 2023

When you start leasing a vehicle, you must make a down payment. However, this down payment is significantly lower compared to buying a car outright. Lease terms may vary, encompassing mileage limit, specific vehicle models, geographical locations, employment history, and credit scores.

Mileage Limit 52

Mileage Limit Down Payment Capitalized Cost Capitalized Cost Reduction 52

Car Examer

OCTOBER 19, 2024

Fixed monthly payments : This makes it easier to budget since your payments stay the same. No restrictions : You won’t have any mileage limits or conditions to worry about. Things to Watch Out For: Final balloon payment : If you want to own the car at the end of the contract, the last payment can be quite large.

Finance 59

Finance Balloon Payment Mileage Limit Banking 59