Been with the community since 2015 and it has grown to the point there is a short hand, it’s own lingo and culture. Here are some terms used that may seem foreign to the first time user.
broker… Someone who saves you significant $ by saving you hours of searching and negotiating. For the common person they pay for themselves and then some in time/money/headache saved.
DAS… Due at Signing. The total due at signing including taxes and fees, not to be confused with down payment. (See: Leasehacking 101: What “$0 Down” Really Means)
Doesn’t lease well… crappy residual, crappy MF, or crappy/no incentives. Or a combo of all three. (See: How To Calculate Lease Payments By Hand)
Fart car… a courtesy vehicle or demo vehicle. These have a few thousand miles on them, but are generally discounted more.
Loaner… see “Fart car”
Lurker… someone that goes through the forum, reads, clicks links but never creates an account or posts.
MF… money factor (MF * 2400 provides the interest rate)
MSD… multiple security deposit (used in some states to obtain a lower MF)
MSRP… manufacturer’s suggested retail price
OOP… Out of Pocket. See “DAS”.
OP… the Original Poster, a reference to the person who originally created the thread/topic
Pull Ahead … brand/captive finance company ends your lease early if you go into another brand vehicle. Usually 3 months but also up to 12.
Punched… means that a car is reported as sold by the dealer while still staying at dealer’s possession; may be sold or leased again to customer; often used as demo/courtesy cars (see “Fart car”)
RV… residual value of vehicle at lease end (important for those considering a buyout)
Selling Price… the discounted price of vehicle before applying any incentives
Skated… when another salesperson steals your customer, “Hey Steve just skated me on that deal, I had him logged!”
Troll… someone that attack’s posts or opinions without a benefit but their own satisfaction.
Trunk money… hidden manufacturer rebates, incentives, or other form of compensation available to dealer for a particular car
UNICORN… something that is a stellar deal, usually posted by someone has worked on for days or sometimes month by doing research and trying hard. Something which ISNT POSSIBLE to pm a broker and ask him to replicate cause most likely broker will keep it for himself
VPP… Nissan/INFINITI lingo for supplier/employee pricing. It stands for Vehicle Purchase Program.
1% deal… when your monthly payment is equal to 1% of the MSRP.
20202020… often used to reach the minimum 20 character limit on a post. (It’s now actually a 10 character limit!)
Anything else please comment below. I may have missed some.
Last edited 10/14/19 to include other users’ suggestions.
