What is mop and glow?
The Bankrate.com financial term of the day is: "Mop and Glow."
Mop and glow is auto industry slang for new-car add-ons that make the dealer's books sparkle but don't add much to the value of the vehicle. Buyers are often advised to avoid "mop and glow" examples such as paint sealant or -- particularly if you live in a dry climate -- rust-proofing.
Mop and glow can mean "spend and blow," as in blow your money. When you're buying a car, beware of dealer extras that may not be worth it.
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You go to buy a car. You have cash or financing in hand, but the dealer says, "Sorry, federal law requires a credit check. The Patriot Act, you know."
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