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Glossary of Terms


M
 M.S.R.P.
M.V.
Market value
Monroney label (MSRP)

N
 N.A.D.A. (National Automobile Dealers Association)
Negative equity
Non-recourse

O
 Odometer statement
Old car
Over the curb

P
 P.D.I. (Pre-delivery inspection)
P.E.P. (Popular Equipment Package or Preferred Equipment Package)
Pack
Packing or packing-in
Penciled
Pop top
Port installed
Positive equity
Power of attorney
Protection package
Purchase option

Q
 Qualifying

R
 R.D.R. (Retail Delivery Report)
Recall Notice
Recourse
Residual value

S
 Soft
Spot delivery
Sticker or sticker price
Stip’s
Street value

T
 T.O.
Tag
Technical Service Bulletins
Tissue
True Cost to Own (TCO)
True Market Value (TMV)

U
 Upside down

V
 V.I.N. (Vehicle Identification Number)

W
 What if...? Would you...? "What if I could get it to you for this price?" and "Would you buy it now?"
Wheels
Wholesaler
Top 10 Buying Tips
Tips and Advice
Choosing an Insurance Provider
Buying vs. Leasing
What is a Credit Score?
Top 10 Buying Tips
Certified Pre-Owned vs. Used
Know the Facts: 0% Financing
20 Ways to Save at the Pump
Pocket Auto Buying Checklist
Top 10 Lists
Don’t Fall Victim to Natural Disasters
Tools and More
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Financing Calculators
Rebates
Understanding your Credit Report
Credit Score: Learn More
How to get a Great deal using AutoSMART

How to get a Great deal using AutoSMART
 
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