FINANCE DEPARTMENT

Automotive Financing Experts

At #1 Cochran Nissan Cranberry, we offer competitive financing rates and terms on our great selection of new and used cars, trucks, and SUVs.

Our finance experts are here to guide you through the financing process and help you get into your new vehicle. Contact #1 Cochran Nissan Cranberry's finance team today or if you're ready to start the financing process, you can fill out our secure finance application online.

APR: The Annual Percentage Rate.
Assignment: A transfer of a loan from one lender to another.
Base Price: The costs of a car with standard equip incentives & freight.
Certificate of Title: A Legal document issued by a state at the time of sale.
Co-signer: A person who takes on a loan if the orig. borrower stops pay.
Default: Failure to meet the terms of the loan.
Interest: A percentage charge for a loan.
MSRP: Manufacturers Suggested Retail Price.
Refinance: When one loan is used to pay off another.
Term: The length of the loan, 24, 48, 60... months.
Underwriting: Verifying the data used to obtain a loan.