6.02 Key Terms

2. A vehicle’s ability to handle, brake, and accelerate on the road
3. Monthly payments in eschange for exclusive use of vehicle for a time
4. Payment similar to down payment that results in lower monthly payment
7. Public modes of transportation available in cities---bus, subway, trolley
8. At end of lease, the alternative to purchase the leased vehicle
12. Foreign-made
13. Covers when liable or responsible for an accident where others are injured or killed
14. Base price + price options installed by manufacturer + manufacturer’s transportation charge
15. The amount an insured person must pay before the insurance company pays on a claim
16. Pays for loss or damages to insured person’s care due to accident
17. Dealerships with huge inventories of new and used vehicles
18. Covers costs of renting a care while yours is being repaired
22. A loan to be repaid in equal payments
24. Grouping with others to share rides to and from work
25. Describes any repairs or replacements done on a used care
30. Covers difference between liability coverage and underinsured motorist and the amount of losses
31. Dealer’s initial asking price as found on the sticker in the vehicle window
32. The price of a vehicle with standard equipment

1. Price for a leased care
4. Pays for loss or damage not resulting from a collision---e.g., fire, theft, falling objects
5. Costs when signing a lease---deposit, taxes, and registration fees
6. The price the dealer pays the manufacturer
9. A vehicle’s ability to accelerate for speed
10. American-made
11. Pays claims regardless of who is at fault
19. The brand of a vehicle
20. Features available at extra cost or special prices
21. To decrease in value
23. The cost for insurance coverage for the term of the insurance policy
26. The worth of a leased vehicle at the end of the lease
27. A line of vehicles made by a specific company, such as Ford Taurus
28. Length of the lease---usually, 24, 36, or 48 months
29. Type of fuel used and miles per gallon