Car Buying Terms

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Across
  1. 3. Legally recording ownership of a vehicle with a government agency for tax and licensing purposes.
  2. 6. Gas, tires and repairs are these types of costs.
  3. 7. A unique code used by the auto industry to identify each vehicle manufactured.
  4. 8. A reduction in the value of an asset with the passage of time
  5. 11. A vehicle that a person turns in for credit toward the price of their new vehicle purchase.
  6. 13. A promise by the vehicle manufacturer to repair the defective parts of a vehicle.
  7. 16. These types of costs remain the same each month.
  8. 17. The cost of a car that has no upgrades or extra features.
  9. 18. These types of costs vary from month to month.
Down
  1. 1. The approximate price a dealership pays to the manufacturer for the vehicle.
  2. 2. An amount of money that a person pays at the time of purchase to lower their payment.
  3. 4. A service contract that provides for no/low cost vehicle repair, after the dealer warranty expires.
  4. 5. A document that shows legal ownership of a vehicle.
  5. 9. Annual percentage rate
  6. 10. Insurance and depreciation are these types of costs.
  7. 12. The trade-in value of a used vehicle.
  8. 14. A problem or issue with a car that the manufacturer must fix at no cost to the owner.
  9. 15. The price that a manufacturer recommends dealerships charge for their vehicles.