Stepping foot on a showroom floor should be a fun and worry-free experience. Unfortunately for most shoppers, the entire process of financing a car can be stressful and downright confusing, especially when the auto finance manager throws around technical jargon. To avoid such confusion, it’s important to become an educated and well-informed customer.
As the area’s preferred car dealer in Birmingham, we want to ensure each of our customers has the right tools at their disposal when researching, choosing, and buying a car. That’s why we went ahead and put together a list of common (and uncommon) car loan and finance terms. When it’s time to sign your auto loan papers, you’ll feel like a car-buying veteran.