Terms | Car Buying

: This is the most important number. It includes the car's price plus all taxes, registration, and dealership fees .

Before you negotiate, you need to know exactly what price you are talking about.

This blog post breaks down the most essential car buying terms into three categories: pricing, financing, and dealership-specific jargon. car buying terms

: Covers the "gap" between what you owe and what insurance pays if your car is totaled while you have negative equity.

If you aren't paying cash, these terms will determine your long-term costs. : This is the most important number

: When you owe more on your loan than the car is actually worth. This often happens with long-term loans or small down payments.

: The total yearly cost of your loan, including interest and fees. A lower APR means you pay less over time. This blog post breaks down the most essential

: An optional plan you buy to cover repairs after the factory warranty expires. These are often negotiable or can be bought elsewhere for less.