Car Buying Guide
Car Dealer Lingo | |
 Terms that are on used by car salesmen....Or, find the General Terms Here. | |
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| There are 71 entries in the glossary. | |
| Pages: «1 2 3 4 » | |
| Term | Definition |
| Point | Describes a good location at the dealership for salesmen to meet customers. |
| Pounder | Represents a $1000 in profit. A "two-pounder" is $2000, Etc. |
| Rat | Describes a vehicle in poor condition. |
| Roach | A customer with bad credit. |
| Roasted-the-app | The act of changing the customer's information on their credit application to make it more favorable to the lender. Also, can mean to critique the application with the customer to improve the "closing" environment. |
| Second-Baseman | A person that helps a customer negotiate the deal. |
| Sideways | Describes a customer reversing their commitment to purchase a car. |
| Skate | When a salesman steals another salesman's customer. |
| Sled | A vehicle in poor condition. |
| Slide-Rule | A cautious customer that constantly double checks the pricing during the negotiation and does extensive research. |
| Sneakers | Tires. |
| Spiff | Extra bonus paid to a salesperson. |
| Spoon | A free deal given to a salesperson from the sales manager |
| Stroke | A customer that wastes time visiting a dealership with no plan of buying a car. |
| Strong | Describes a skilled salesperson. |
| tripped | Reported the vehicle as sold to the factory and DMV. |
| Trunk-money | Describes factor to dealer incentives that are not advertised to the buyer. Because they are not known to the customer, they are "hidden in the trunk". |
| Turn | When a salesman introduces the customer to another salesman. Usually occurs when original the salesman is unable to sell a car. |
| Under-Allowance | When a dealer tells the customer their trade-in is worth less than it\'s actual cash value. |
| Up | A customer. Or to meet a customer |
| Glossary V2.0 | |
