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Guide to the Common Dealership Terms When Buying A Car

Car Examer

Here’s a straightforward guide to the most common dealership terms you’ll hear at UK dealerships. Understanding these terms can help you feel more confident, negotiate better, and ultimately drive away with a great deal. It’s worth comparing APRs from different lenders, as your credit score and loan term will affect the rate offered.

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Navigating Zero Down Car Leases

Your Car Buying Advocate

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.

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Guide How to Finance a Used Car

Car Examer

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. Hire Purchase (HP) With Hire Purchase (HP) , you pay a deposit upfront, then make monthly payments to effectively “hire” the car.

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