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What Does It Mean When You Are Selling The Account Of A Car

What does it mean when someone sells a car "base'?

Base model usually refers to the lowest level of that car model. No extras or add ons. Best to get a listing of what the car has for equipment. And if you decide to see it, be sure to have a mechanic you trust look it over before discussing any price, to be sure it has no big problems.

What does it mean when a person selling their car states that it needs some "TLC"?

I've been looking for a used car and I noticed that a few of the cars that I've looked at say needs some "TLC" in their description. What exactly does "TLC" mean?

What does it mean when my loan is sold to another loan company?

For you, it means you may be sending your loan payment to a different institution. It should not impact the terms or payment of your loan, which is a contract that survives these kinds of buying/selling of loans. This happens often and you should be notified if you need to start sending your payment somewhere else.If it were me, I would double check with my original bank to make sure that they actually did sell your loan.

What does "TLC" mean when the say a car needs it???

tender love and care

What does mean TLC for a car?

Tender Loving Care. That means, the car is a bit rough around the edges, and probably needs some maintenance done, to make it a decent runner.

What Does Mechanically Sound Mean?

Pretty much as stated, it is mechanically without any KNOWN faults. The vehicle in question may not be perfect but is in running order, as can be expected for its age and mileage.

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