| A | B |
|---|
| depreciation | decrease in value due to wear and tear, decay, decline in price, etc |
| leasing | A contract granting use or occupation of property during a specified period in exchange for a specified rent |
| down payment | the initial upfront portion of the total amount due that it is usually given in cash at the time of finalizing the transaction |
| GAP insurance | a separate auto insurance policy that will cover the difference between what is owed on an automobile and the amount that the insurance company will pay in the event the automobile is totaled |
| net cost | The cost of goods or services after all other fees have been paid (the bottom line) |
| trade-in | given in whole or, usually, part payment of a purchase |
| insurance | used to provide protection against losses incurred as a result of traffic accidents and against liability that could be incurred in an accident. |
| maintenance cost | the cost of labor and parts to perform repairs |
| interest rate | the percentage of a sum of money charged for its use |
| financing | the act of obtaining or furnishing money or capital for a purchase |
