Car Examer

NOVEMBER 2, 2024

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.

Balloon Payment 59

Balloon Payment Term Mileage Limit Gap Insurance 59

Shawn Ryder

FEBRUARY 7, 2024

When you’re dealing with car dealerships, whether buying a new car or getting service on your existing vehicle, you might encounter several terms that aren’t immediately clear. F&I (Finance and Insurance) A department within a dealership responsible for arranging financing and insurance for customers purchasing vehicles.

Gap Insurance 40

Gap Insurance Term Extended Warranty Insurance 40

AutoSuccessOnline

MARCH 28, 2025

When dealerships integrate insurance discussions early and effectively, they create opportunities to sell extended warranties, GAP insurance and other high-margin products driving higher overall F&I gross. Loyalty, Loyalty, Loyalty Loyalty makes or breaks your dealership.

Insurance 45

Insurance Deal Gap Insurance Extended Warranty 45

Canadian Auto Dealer

MARCH 1, 2024

Since residual values of EVs are not as predictable as those of conventional cars, we could see less favourable terms presenting new challenges around financing options. F&I offices are going to need options that cater to these unique challenges, such as extended warranties that cover battery performance.

Gap Insurance 52

Gap Insurance Extended Warranty Finance Insurance 52

Canadian Auto Dealer

MARCH 30, 2024

To confidently present finance and insurance products, business managers must be well-versed in the intricacies of extended warranties, GAP insurance and more. But it doesn’t stop there. F&I managers are negotiators extraordinaire.

Gap Insurance 52

Gap Insurance Extended Warranty Insurance Finance 52

Autosoft

APRIL 11, 2024

From extended warranties to gap insurance, providing a comprehensive range allows customers to customize their purchases. Providing clear explanations of terms, pricing, and coverage details builds trust, fostering long-term customer relationships and loyalty.

Insurance 52

Insurance Gap Insurance Finance Extended Warranty 52

Autosoft

MARCH 25, 2024

From extended warranties to gap insurance, providing a comprehensive range allows customers to customize their purchases. Providing clear explanations of terms, pricing, and coverage details builds trust, fostering long-term customer relationships and loyalty.

Insurance 52

Insurance Gap Insurance Finance Extended Warranty 52