Common Auto Finance Terms to Know
finance terms to help you speak the language a little easier.
Does the process of buying a new Nissan have your head spinning? To help you out, we’ve put together a glossary of common finance terms to help you speak the language a little easier.
- Base Price: The entry-level cost of a given vehicle including all standard features and the manufacturer’s warranty, before available features are added
- Blue Book: A shortened form of “Kelley Blue Book,” a research tool used to determine the value of vehicles on the market
- Dealer Incentives: Programs used by the manufacturer to get rid of excess inventory or sell slow-moving vehicles. Sometimes the dealers opt to pass on these savings to buyers
- Destination Charge: A fee that covers the cost of transporting the vehicle from the factory to the dealership
- Extended Warranty: A contract that customers can purchase in addition to the standard manufacturer’s warranty to cover the cost of certain repairs and services
- Sticker Price: The price on the sticker in a car window on a dealer’s lot, detailing the manufacturer’s base price, installed options, suggested price, and destination charge
- Prepayment Penalty: A penalty fee that must be paid if a car owner pays off their car loan before the end of the agreed-upon term
If you have any further questions, give us a call at Bill Seidle's Nissan today!
Bill Seidle's Nissan
10500 NW 12th Street, Doral, FL 33172
Contact UsHours
| Monday | 9:00AM - 9:00PM |
| Tuesday | 9:00AM - 9:00PM |
| Wednesday | 9:00AM - 9:00PM |
| Thursday | 9:00AM - 9:00PM |
| Friday | 9:00AM - 9:00PM |
| Saturday | 9:00AM - 8:00PM |
| Sunday | 11:00AM - 7:00PM |
| Monday | 8:00AM - 6:00PM |
| Tuesday | 8:00AM - 6:00PM |
| Wednesday | 8:00AM - 6:00PM |
| Thursday | 8:00AM - 6:00PM |
| Friday | 8:00AM - 6:00PM |
| Saturday | 8:00AM - 5:00PM |
| Sunday | Closed |
| you break it we fix it | |
| Monday | 8:00AM - 6:00PM |
| Tuesday | 8:00AM - 6:00PM |
| Wednesday | 8:00AM - 6:00PM |
| Thursday | 8:00AM - 6:00PM |
| Friday | 8:00AM - 6:00PM |
| Saturday | 8:00AM - 5:00PM |
| Sunday | Closed |