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Understanding Dealership Jargon: Terms the Public May Not Know

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

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Term Gap Insurance Dealerships Extended Warranty 40
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How to Haggle Car Price Like a Pro

Your Car Buying Advocate

JULY 31, 2023

MSRP stands for Manufacturer’s Suggested Retail Pric e. The "Four-Square" Method This is a common sales tactic where the dealer uses a worksheet divided into four parts: your trade-in value, the purchase price, the down payment, and monthly payments. What is an "extended warranty"?

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Finance Deal Pre-Qualify Dealerships 52
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