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Remove Extended Warranty Remove Gap Insurance Remove Retail
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Understanding Dealership Jargon: Terms the Public May Not Know

Shawn Ryder

FEBRUARY 7, 2024

F&I (Finance and Insurance) A department within a dealership responsible for arranging financing and insurance for customers purchasing vehicles. The F&I manager will also offer additional products such as extended warranties and GAP insurance.

Term 40
Term Gap Insurance Dealerships Extended Warranty 40
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Guide to the Common Dealership Terms When Buying A Car

Car Examer

NOVEMBER 2, 2024

List Price The list price is the manufacturer’s suggested retail price (the “sticker price”). Dealerships may also offer extended warranties if you want added peace of mind for a longer period, especially if you plan to keep the car long-term.

Balloon Payment 59
Balloon Payment Term Dealerships Mileage Limit 59
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