Auto Loan Jargon Terms And Definitions In Vehicle Financing

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Used Car Financing Guide: Glossary of Terms
Seeking financing for a used car can be overwhelming. Lending institutions and dealers use specific financing terms that help them define the terms of the loan agreement.
Glossary of Finance Terms | Car Loans | The NRMA
Loan contract: The formal contract between the borrower and the lender that sets out the terms and conditions of the loan. Loan portability: A facility that allows you to transfer your loan from one security to another (e.g. vehicle).
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Car and Driver presents Car-Buying Terms Glossary. Read expert vehicle reviews and award-winning feature content at Car and Driver. ... rate a dealer pays for financing on a loan or a lease ...

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