Car Lingo |
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| There are 83 entries in the glossary. | |
| Pages: «1 2 3 4 5 6 » | |
| Term | Definition |
| 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. |
| Subvented | A special lease that is supported by the manufactuer resulting in a low lease payment. |
| Term | Length of a loan or lease contract. Usually expressed in number of months. |
| Trip | To register the car as sold with the DMV. |
| Tripped | When a customer signs all of the paperwork to buy a car. |
| Trunk-Money | Factory to Dealer Incentives. Money given to dealers for the sale of specific vehicles. |
| Turn | When a salesperson "hands off" their customer to another salesperson. |
| Under-Allowing | To purchase the customer's trade-in for less than it's wholesale value. |
| Unit | Describes a vehicle at a dealership. |
| Up | Customer |
| Upped | The act of meeting a customer for the first time. |
| Glossary V2.0 | |