Cars Cars Cars

Front

leasing

Back

Making monthly payments for the use of a new car for a 2 or 3 year period; after which the car must be returned to the dealer or the remaining purchase price paid.

Front

mechanic

Back

A person who repairs car engines

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Subcompact

Back

The smallest car that seats four people

Front

Compact

Back

A middle size car

Front

What is the price a dealer pays?

Back

The price a dealer pays.

Front

dealer

Back

A person who sells cars

Front

finance charge

Back

A fee that is charged for using credit

Front

loan

Back

Money that is borrowed

Front

Annual Percentage Rate (APR)

Back

The percent per year rate that is charged for using credit. A U.S. law says that the person who gives credit must tell you what the rate it.

Front

Blue Book

Back

The National Automobile Dealers Association (NADA) Official Used Car Guide. It gives the wholesale (low blue book) price for used cars.