When can you say that you are already an informed consumer? Even if research, in general, is the key, knowing what sort of information to learn is equally crucial in this pursuit. Should you have plans of making a used car purchase from Pasadena car sales, you need to learn a number of things. But before you go any further, you should make it a point to be in-the-know about the vocabulary used by car salesmen. This way, it would be easier for you to understand the offers, your options and all other related matters.
The following terms are some of what you would usually hear in the used car market but which you would not know about if you wouldn't take time to find out. Certified pre-owned car or CPO is one. This refers to the type of used cars that usually come with the same benefits as a new car. In that, it has undergone inspection and repair and is sold with warranty. When you check the market, inquire if your prospective car is certified. You would probably have to spend more but think about the benefits you can be entitled to.
Apart from this, there are other popular acronyms you might encounter such as VIN, MSRP, SRV and APR. VIN is short for vehicle identification number or the 17-character identification that is unique to each car. Each character signifies a particular attribute about the car like its country of origin. The VIN is what you would be asked if you would request for a used vehicle history report.
MSRP, on the other hand is the manufacturer's suggested retail price. This pertains to the actual price tagged on a new car that you should know if you want to check if the used car prices are reasonable or not. You can get the details about MSRP online. Another acronym you can likely come across with is SRV or suggested retail value.
This is the price of the used car as suggested by KBB, a car valuation company after considering the condition and all other aspects pertaining to the car. Another acronym, the APR, is short for annual percentage rate or the yearly rate applied to the car loan. This is a figure that you should take a close look at when it comes to car financing.
These are just some of the terms in used car buying lingo that you have to understand. If you are interested in learning more, which is what you should do, then turn to the Web. Like searching for details about Hertz and other car sellers, this is a convenient way of becoming informed. Invest time in this and look forward to making smart decisions when you buy a car.
The following terms are some of what you would usually hear in the used car market but which you would not know about if you wouldn't take time to find out. Certified pre-owned car or CPO is one. This refers to the type of used cars that usually come with the same benefits as a new car. In that, it has undergone inspection and repair and is sold with warranty. When you check the market, inquire if your prospective car is certified. You would probably have to spend more but think about the benefits you can be entitled to.
Apart from this, there are other popular acronyms you might encounter such as VIN, MSRP, SRV and APR. VIN is short for vehicle identification number or the 17-character identification that is unique to each car. Each character signifies a particular attribute about the car like its country of origin. The VIN is what you would be asked if you would request for a used vehicle history report.
MSRP, on the other hand is the manufacturer's suggested retail price. This pertains to the actual price tagged on a new car that you should know if you want to check if the used car prices are reasonable or not. You can get the details about MSRP online. Another acronym you can likely come across with is SRV or suggested retail value.
This is the price of the used car as suggested by KBB, a car valuation company after considering the condition and all other aspects pertaining to the car. Another acronym, the APR, is short for annual percentage rate or the yearly rate applied to the car loan. This is a figure that you should take a close look at when it comes to car financing.
These are just some of the terms in used car buying lingo that you have to understand. If you are interested in learning more, which is what you should do, then turn to the Web. Like searching for details about Hertz and other car sellers, this is a convenient way of becoming informed. Invest time in this and look forward to making smart decisions when you buy a car.
About the Author:
If you want to know more about Pasadena car sales and the like, then do an online search at www.hertzcarsales.com for more details.
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