A | B |
car price guide | a book that shows the wholesale and retail prices of cars |
invoice price | the price the car dealer pays the manufacturer for a car |
manufacturer's suggested retail price | the price suggested by the manufacturer for a customer to pay for a new car |
warranty | an agreement that the manufacturer will replace a item, fix it for free, or return your money if the item cannot be fixed |
down payment | money you give the car dealer that lowers the amount left to pay on the car |
trade-in | a used vehicle that a car dealer takes from a customer in part payment fo another vehicle |
lease | to rent a vehicle for a certain period of time; the written agreement to rent |
residual value | the value of a car at the end of a lease |
depreciation | a decrease in the value of an item because of use and age |