This site was designed for the latest version of Chrome, Firefox, Safari, and Internet Explorer (version 10+). Some features may not work correctly in your browser. OK

Our Finance Terms

Crown Kia of Longview Finance Terms

Traversing the labyrinth of automotive financing can be difficult, even with help from a dealership’s finance department. Fortunately, the knowledge of a few common finance terms can provide a few shortcuts, or an entire road map, to successfully financing a new vehicle.
  • Add-On Interest – Interest calculated at the beginning of the loan term then added to the total amount. Add-on interest must be repaid even if the load is repaid before the contract requires.
  • Base Price – Standard equipment and the manufacturer’s warranty add up to the base price of a vehicle. There are no options or available features included in the base price.
  • Blue Book – The value of a used or trade-in vehicle is known as the Blue Book value. There are plenty of available valuation guides online, including Kelley Blue Book.
  • Invoice Price – The amount the manufacturer charges for a new car. This may not be the dealership’s final price due to rebates and other incentives.
  • Service Contract – Otherwise known as an extended warranty, this is an extension of the initial warranty.
  • Destination Charge – The fee a manufacturer charges for transporting the vehicle. This charge is normally added onto the buyer’s price.
  • Rebate – A manufacturer’s reduction of the price of a car in order to further incentivize buyers.
  • Title – A legal document that contains information about the vehicle and is used as official proof of ownership.
  • Trade-In Value – The amount of credit a dealership will offer as partial payment for a different vehicle.
  • Preparation Charges – A fee a dealership may charge a customer to prepare a car. The manufacturer has already paid the dealership for the preparation.
2001 W Loop 281


  • Monday
    8:30am - 8:00pm
  • Tuesday
    8:30am - 8:00pm
  • Wednesday
    8:30am - 8:00pm
  • Thursday
    8:30am - 8:00pm
  • Friday
    8:30am - 8:00pm
  • Saturday
    8:30am - 8:00pm
  • Sunday

Contact Information

2001 W Loop 281
Longview, TX 75604
Phone: (903) 759-4667
Fax: (903) 295-6823

Contact Us!

- + Disclaimers