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Glossary
Glossary of Automobile Buying and Financing | |
Glossary of terms related to automobile buying, leasing, financing, driving, and insuring. | |
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| dealer | New-car dealers are independent businesses, not owned by car manufacturers, but authorized by them. Dealers are also licensed by the state in which they operate. By law, all new car sales must be conducted through an authorized, licensed dealer. |
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