Definition Definition

> Automotive Engineering

Low-interest financing

Low-interest financing is a loan offered by the manufacturers captive finance company at a below-market interest rate.

Category: Automotive Engineering
Share it: CITE

Related Definitions

Recent Definitions

Crude Oil Crude Oil is a petroleum product made up of hydrocarbon...
Uninsured motorist protection Uninsured motorist protection is coverage that pays the insured for...
Collision and upset Collision and upset means motor vehicle insurance that pays to...
Computer-aided design (CAD) Computer-Aided Design (CAD) or Computer-Aided Design and Drafting (CADD) is...
Product Life Cycle Product Life Cycle is a conceptual model of the stages...
Instrument Instrument is a formal legal document in writing e.g. bill...
Categories