Car Lingo
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There are 83 entries in the glossary.
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Term Definition
SneakersTires
 
SpiffExtra bonus paid to a salesperson.
 
SpoonA free deal given to a salesperson from the sales manager.
 
StrokeA customer that wastes time visiting a dealership with no plan of buying a car.
 
StrongDescribes a skilled salesperson.
 
SubventedA special lease that is supported by the manufactuer resulting in a low lease payment.
 
TermLength of a loan or lease contract. Usually expressed in number of months.
 
TripTo register the car as sold with the DMV.
 
TrippedWhen a customer signs all of the paperwork to buy a car.
 
Trunk-MoneyFactory to Dealer Incentives.  Money given to dealers for the sale of specific vehicles.
 
TurnWhen a salesperson "hands off" their customer to another salesperson.
 
Under-AllowingTo purchase the customer's trade-in for less than it's wholesale value.
 
UnitDescribes a vehicle at a dealership.
 
UpCustomer
 
UppedThe act of meeting a customer for the first time.
 


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