First Car Guide for First Time Car Buyers

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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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deductible	Related to auto insurance, a deductible is the amount that you pay if you file a claim. Higher deductibles result in lower insurance premiums because you pay a higher share of the cost of a claim.

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