Source: http://www.loan.com/car-loans/5-important-auto-financing-terms-you-should-know.html
Tuesday, May 28, 2013
5 Important Auto Financing Terms You Should Know
If you are in the market for a car, there are important auto financing terms you should know before making your purchase. The negotiation process can be stressful when you do not fully understand what your car salesperson is saying. If you learn some of the basic terminology that is used in the car industry, you can avoid overpaying for your new vehicle. 1. Dealer Sticker Price Every new vehicle has a sticker on one of the windows. This sticker shows the manufacturer's suggested retail price, or MSRP. This is the price of the vehicle before adding costs, such...
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