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| Home > Used Car & Truck Buying Guide > Selecting a Used Car or Truck > Car and Truck Buying Terms Defined |
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September 2, 2010
Car and Truck Buying Terms Defined
View our select resources for used car buying terms and automotive glossaries. Learn the definitions for upside down, extended warranty, gap insurance, MSRP, dealer invoice and more. |
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| Used Car Glossary |
A helpful list of key terms used when shopping for and buying a used car, including: certified used car, VIN, MSRP, limited powertrain warranty, zero percent financing, APR (annual percentage rate), equity, GAP waiver/insurance.
From the resource: "Consumers shouldn't have to be acronym experts to buy a used car. But the alphabet soup that comes when consumers buy used cars - MSRP, APR, GAP, NADA, ASE - can leave some people sending out an SOS." |
| Source: enterprise |
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