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| Public modes of transportation available in cities-- bus, subway, trolley |
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| Grouping with others to share rides to and from work. |
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| Describes any repairs or replacements done on a used care. |
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| A line of vehicles made by a specific company, such as Ford Taurus. |
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| Dealerships with huge inventories of new and used vehicles. |
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| Type of fuel used and miles per gallon. |
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| A vehicle's ability to accelerate for speed. |
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| A vehicle's ability to handle, brake, and accelerate on the road. |
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| The price the dealer pays the manufacturer. |
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| The price of a vehicle with standard equipment. |
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| Features available at extra cost or special prices. |
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Term
| Manufacturer's Suggested Retail Price |
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Definition
| Base price + price options installed by manufacturer + manufacturer's transportation charge. |
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| Dealer's initial asking price as found on the sticker in the vehicle window. |
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| Costs when signing a lease--deposit, taxes, and registration fees. |
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| Monthly payments in exchange for exclude use of vehicle for a time. |
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| Capitalized Cost Reduction |
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Definition
| Payment similar to down payment that results in lower monthly payment. |
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Term
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| Length of the lease--usually, 24, 36, or 48 months. |
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Term
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| At end of lease, the alternative to purchase the leased vehicle. |
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Term
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Definition
| The worth of a leased vehicle at the end of the lease. |
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| A loan to be repaid in equal payments. |
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| Covers when liable or responsible for an accident where others are injured or killed. |
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| Pays for loss or damages to insured person's care due to accident. |
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| Comprehensive Physical Damage Insurance |
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Definition
| Pays for loss or damage not resulting from a collision--e.g., fire, theft, falling objects. |
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Definition
| Pays claims regardless of who is at fault. |
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Term
| Underinsured Motorist Insurance |
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Definition
| Covers different between liability coverage and underinsured motorist and the amount of losses. |
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Term
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Definition
| Covers costs of renting a car while yours is being repaired. |
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Term
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Definition
| The cost for insurance coverage for the term of the insurance policy. |
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Term
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Definition
| The amount an insured person must pay before the insurance company pays on a claim. |
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