Remove Down Payment Remove Extended Warranty Remove MSRP
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Understanding Dealership Jargon: Terms the Public May Not Know

Shawn Ryder

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. GAP insurance is crucial if your down payment was low or your loan term is long.

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How to Haggle Car Price Like a Pro

Your Car Buying Advocate

Like “ MSRP ,” “ Invoice Price ,” and “ Financing.” MSRP and Invoice Price Let’s start by learning two important terms: MSRP and Invoice Price. MSRP stands for Manufacturer’s Suggested Retail Pric e. You’re not going to find this many places on the internet about the MSRP.

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