Buying a Car: Key Terms and Definitions explained

Ok, so we’ve got the guide to buying a car all sorted – you know what to do and when, but let’s narrow in on the process a little more and look at some of the baffling terms you might come across when you’re out looking for the car or for finance.

Working with the team at People’s Choice Credit Union, we’ve combined the words and terms we see in cars with their knowledge of finance to build you a solid list of terms and phrases as well as some of the abbreviations you might come across when buying a car or looking for a personal loan.

Car Related Terms

Finance Related Terms

This post is written in collaboration with People’s Choice Credit Union.