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  2. Car dealerships in the United States - Wikipedia

    en.wikipedia.org/wiki/Car_dealerships_in_the...

    This "third party" can often be a major insurance company. This money collected by the dealer from the consumer is put in a "reserve" fund for the length and/or term of the service contract. When a repair is required, the dealer authorizes the repair with the third-party administrator, usually before the repair is done. The third-party deducts ...

  3. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Captives have a smaller share of the overall car financing market (new and used cars), along with banks, credit unions, and finance companies. A small number of cars are financed directly by the dealership at "Buy Here Pay Here" dealers, which cater to customers with subprime credit. Buy Here Pay Here financing accounts for 6% of the total ...

  4. Novated lease - Wikipedia

    en.wikipedia.org/wiki/Novated_lease

    A novated lease is a motor vehicle lease which has been novated, that is, the obligations in the contract have been transferred from one party to another.. A lease is novated with a three way agreement (Deed of novation) between the lessee, the lessor (usually a finance company), and a third party, under which all parties agree that the third party will take on some or all of the lessee's ...

  5. How to let someone test drive your car

    www.aol.com/finance/let-someone-test-drive-car...

    Look out for professional car buyers who want to re-sell your car as soon as they get it. They will haggle quickly and aggressively to get the best price (for them, not for you).

  6. How to choose the best car insurance company - AOL

    www.aol.com/finance/choose-best-car-insurance...

    AM Best is another example of a third-party company that further analyzes an insurance carrier’s performance. Specifically, AM Best reviews a carrier’s historical financial health and strength ...

  7. What are the different types of car insurance coverage? - AOL

    www.aol.com/finance/different-types-car...

    Alternatively, you may value customer service and therefore benefit from looking into third-party ratings and customer reviews. Once you’ve determined the factors that are important to you, you ...

  8. Credit Acceptance - Wikipedia

    en.wikipedia.org/wiki/Credit_Acceptance

    Credit Acceptance Corporation is an auto finance company providing automobile loans and other related financial products. The company operates its financial program through a national network of dealer-partners, the automobile dealers participating in the programs.

  9. Out-of-pocket expense - Wikipedia

    en.wikipedia.org/wiki/Out-of-pocket_expense

    An out-of-pocket expense, or out-of-pocket cost (OOP), is the direct payment of money that may or may not be later reimbursed from a third-party source. For example, when operating a vehicle, gasoline, parking fees and tolls are considered out-of-pocket expenses for a trip.

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