L - Lender

05 June 2006

Lender - The organisation which loans you the cash for your car if you don't have your own stash in the bank. It's essential to shop around and compare finance deals, and there are plenty of different lenders to try, including banks and building societies on your local high street or the internet. The dealer who is selling the car may also be able to offer you a good deal. (See also Finance.)


Want to know the difference between your APRs and your PCPs? Our Glossary will guide you through the minefield of car-buying terms.

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