Dealer Charges
Charges for extra services or products sold by the dealer, including rust proofing, undercoating and extended warranties.
Dealer Holdback
Dealer holdback is an amount, typically two to three percent of the manufacturer’s suggested retail price (MSRP), that is part of the invoiced price the dealer pays the manufacturer when it buys a car. However, this amount is actually returned to the dealer after the car is sold. That’s why it’s called a holdback – because it’s “held back” by the manufacturer but rebated at a later date.
Dealer Incentives
Bonuses offered by manufacturers to dealerships to increase the sales of specific models or to reduce excess inventories. Dealers may elect to pass on the some or all of these amounts to buyers. Often, the dealer gives the buyer a choice of a special dealer finance rate or a manufacturer’s rebate. In many cases, the rebate will be a better deal. However, buyers should do their own calculations, as each deal is different.
Dealer Invoice
The amount an auto dealership pays the manufacturer for a vehicle it puts on its lot. This amount does not always indicate the amount the dealership has paid for the car, however. Dealer holdbacks, incentives and other reimbursements can change that cost quite a bit.
Dealer Sticker Price
Dealer Sticker Price is the price the dealer would like to get for the car, but for most transactions it’s just a starting point for negotiations. This is also referred to as the manufacturer’s suggested retail price (MSRP).
Debt Consolidation
Debt consolidation is a process by which several debts are replaced by one debt. The idea is to simplify repayment and hopefully make it more affordable as well.
Failing to repay a debt as agreed. Defaulting on an obligation can have serious consequences, including but not limited to lawsuits, eviction, collections, derogatory credit history, late fees, auto repossession, wage garnishment, home foreclosure and / or being forced into bankruptcy. When borrowers default on mortgages, lenders must file a Notice of Default (NOD) or Lis Pendens (a notice that there may be litigation related to the property) before they can proceed with foreclosure. Once the notice has been filed, borrowers have a limited amount of time to “cure” the default by bringing their mortgage current or coming to some agreement with the lender. The NOD is a publicly recorded document.
Deferred Interest
Interest that has accrued but not been paid. Mortgage interest is paid in arrears, which means the borrower does not pay it in advance. Mortgage payments cover interest that is already owed to the lender. “Deferred interest” accumulates when a loan payment is not large enough to cover all the interest due.
Decline in value of a house or car due to wear and tear, adverse changes in the neighborhood, or any other reason.

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