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| Grouping with others to share rides to and from work |
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| Public modes of transportation available in cities---bus, subway, trolley |
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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 use 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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| manufacturer’s suggested retail price |
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| 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 eschange for exclusive use of vehicle for a time |
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| capitailized cost reduction |
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| 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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| At end of lease, the alternative to purchase the leased vehicle |
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Term
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| 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 difference 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 care while yours is being repaired |
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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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| The amount an insured person must pay before the insurance company pays on a claim |
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