|
Word |
Definition |
|
|
|
FWD
|
The acronym for Front Wheel Drive. This describes a vehicle that utilizes the front wheels as the main drive wheels for the vehicle.
|
|
|
MPG
|
The acronym for Miles Per Gallon. This describes the vehicle's fuel efficiency. It is typically labeled in city, highway, and combined mileage.
|
|
|
Torque
|
The amount of momentum or force that the vehicle produces at the drive axles. The higher the torque, the more powerful a vehicle is.
|
|
|
Margin
|
The amount of profit a dealer makes on the sale or lease of a vehicle.
|
|
|
Depreciation
|
The amount of value which a vehicle loses over a period of time.
|
|
|
Combined MPG
|
The combined Miles Per Gallon that your vehicle achieves is the combination of its MPG in city and highway driving. The U.S. Government currently uses a 55/45-split to figure the combined MPG.
|
|
|
Delivery
|
The date set when a customer takes possession of a sold vehicle.
|
|
|
Wheel Base
|
The distance, lengthwise, between the center point of the vehicle's front and rear wheels.
|
|
|
Gross Vehicle Weight (GVW)
|
The Gross Vehicle Weight describes the weight of a vehicle plus fuel, passengers, cargo, and trailer tongue weight. It is the vehicle's curb weight plus its max capacity fully loaded.
|
|
|
Title
|
The legal document showing ownership of a particular vehicle.
|
|
|
Make
|
The manufacturer of the vehicle (i.e. - Ford, Honda, Toyota, etc.)
|
|
|
Minimum Trade-In Allowance
|
The minimum guaranteed value of your trade-in vehicle by a dealership, regardless of condition (at times, used with the term Push, Pull, or Drag).
|
|
|
Production Date
|
The month and year that the vehicle's assembly was completed at the manufacturer.
|
|
|
Term
|
The number of monthly payments on an auto loan or lease.
|
|
|
Post-Collision Safety System
|
The Post-Collision Safety System is an all-encompassing term that includes the vehicle's safety devices such as airbags, head restraints, and seat belts.
|
|
|
Sales Volume
|
The quantity of sales a dealership experiences in a set period of time. Usually measured monthly, quarterly, or annually.
|
|
|
DOHC/SOHC/OHV
|
These are the acronyms for Single Overhead Cam, Dual Overhead Cam, and Overhead Valve. They describe the vehicle's cylinder head design and operation.
|
|
|
Door Placard
|
The small metal plate attached to the inside of the driver's side door. The placard contains information about your vehicle's build date, tire specs, and load capacities, among other minor specifications.
|
|
|
Trim Line
|
The standard set of features on a particular vehicle, absent any options, special equipment, or additional body items like spoilers, paint, and decals.
|
|
|
Finance Charge
|
The total amount of interest that is to be paid over the life of a vehicle loan.
|