Shawn Ryder

FEBRUARY 7, 2024

The F&I manager will also offer additional products such as extended warranties and GAP insurance. MSRP (Manufacturer’s Suggested Retail Price) The price that the manufacturer recommends the dealership sell the car for. Invoice Price The price the dealership pays to the manufacturer for the vehicle.

Term 40

Term Gap Insurance Dealerships Extended Warranty 40

Car Examer

NOVEMBER 2, 2024

Deposit Contribution A deposit contribution is essentially a discount offered by the dealership or manufacturer when you finance through their specific program. For example, if there’s a £1,000 deposit contribution, that amount goes toward your down payment, reducing what you need to put down yourself.

Balloon Payment 59

Balloon Payment Term Dealerships Mileage Limit 59

Your Car Buying Advocate

JULY 31, 2023

MSRP stands for Manufacturer’s Suggested Retail Pric e. It is essentially a price the manufacturer suggests the dealer sell the vehicle for regardless of the invoice amount the dealer has actually paid for the vehicle. This is what the dealership pays the manufacturer to get the car.

Finance 52

Finance Pre-Qualify Deal Dealerships 52