6 Car-buying terms you need to know the meaning of if you plan to use vehicle finance | Wheels

that are worthwhile considerations if you're looking for a fresh set of wheels. If you're out tyre-kicking or shopping online, you might want to brush up on some of these car-buying terminologies that could help you get a better deal or give you a better understanding of any finance contract you might enter into.

WesBank has developed this simple glossary of some of the most common car finance jargon and frequently used terms to help car buyers better understand the terminology when reading, researching and applying for car finance. MotorpressThis is the most straightforward of all vehicle finance options: monthly repayments are calculated on the purchase price of a vehicle, minus whatever deposit is put down at the start of the deal.

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