Glossary / General

CPI

9 Episode Mentions

Too Afraid to Ask

CPI, or Collateral Protection Insurance, is insurance that protects the lender's investment in a car. If you borrow money to buy a car, they want to make sure it's insured in case something happens to it.

Technical Definition

CPI stands for Collateral Protection Insurance, which protects a lender's interest in a vehicle by ensuring that it is insured. This type of insurance is often required for financed vehicles to safeguard against loss or damage.

Hear It Discussed

"And to be clear, Toyotas nowhere near that. And that's significantly higher than the CPI, than inflation rates."
Toyota Seriously HAS NO MORE CARS | How Did This Happen? | Episode 1059 CarEdge Live 23:11

"[2247.2s] So, you know, we think it's the right way to look at the market, [2252.0s] and to see the CPI kind of validate that is really good to see."
Fixed Ops Friday w/ Scott Morrison, Dave Thomas, & Richard Lupo | Daily Dealer Live Car Dealership Guy Podcast 37:32

"you know and the buy here pay here world just to to wake and buy here pay here up right this point cpi but we've always we have screwed our own gap"
#439 - They Said He Was Too Small for Reinsurance. Buckeye Disagreed. The Independent Dealer Podcast 28:47