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. This is usually a few pence per mile, so try to estimate your annual mileage accurately to avoid extra costs.

Balloon Payment 59

Balloon Payment Term Mileage Limit Gap Insurance 59

Shawn Ryder

JANUARY 25, 2025

Leasing deals can vary greatly based on dealership promotions, regional incentives, and individual credit profiles. To assess if the lease is competitive, tracking offers from multiple dealerships will give a clearer picture of whether the deal on hand is reasonable. Mileage Limits Understand the lease’s mileage cap.

Deal 52

Deal Mileage Limit Down Payment Lessee 52

Car Examer

APRIL 8, 2024

A used car warranty offers peace of mind and financial protection for buyers of pre-owned vehicles, covering the cost of certain repairs and maintenance after the manufacturer’s original warranty expires. It covers the repair or replacement of specific vehicle components that may fail due to defects in materials or workmanship.

Mileage Limit 59

Mileage Limit Repairing Extended Warranty Modification 59

Shawn Ryder

JANUARY 26, 2025

Maintenance Coverage: Many lease agreements include maintenance or warranty coverage, reducing out-of-pocket repair costs. Mileage Limits: Lease agreements typically have mileage limits (e.g., Exceeding these limits can result in significant penalties. 10,000 to 15,000 miles per year).

Lease Payment 52

Lease Payment Mileage Limit Down Payment Modification 52

Shawn Ryder

JANUARY 24, 2025

Leasing, on the other hand, allows you to drive a car for a set termtypically two to four yearsafter which you return it to the dealership. No Mileage Limits : Unlike leasing, financing does not impose mileage restrictions. After paying off the loan, you own the vehicle.

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Finance Lease Payment Mileage Limit Finance Rate 52

Your Car Buying Advocate

DECEMBER 5, 2023

Lease terms may vary, encompassing mileage limit, specific vehicle models, geographical locations, employment history, and credit scores. Stay updated on new leasing offers, as limited dealership stock may affect the availability of certain trims. Talk to experts outside the dealerships like car buying advocates.

Mileage Limit 52

Mileage Limit Down Payment Capitalized Cost Capitalized Cost Reduction 52

Car Examer

SEPTEMBER 11, 2024

A new car warranty is a type of guarantee provided by the manufacturer to cover certain repairs and replacements that might be necessary due to defects or faults in the vehicle. It offers peace of mind by protecting you from unexpected repair costs during the warranty period.

Extended Warranty 52

Extended Warranty Repairing Manufacturing Mileage Limit 52