Automobile Ownership

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Across
  1. 3. a unique 17-digit code used to identify a specific vehicle
  2. 5. the amount of money an owner must pay out-of-pocket for damages or repairs before their insurance coverage begins
  3. 9. the interest rate charged on a loan, expressed as a yearly percentage of the loan principal
  4. 10. the decrease in the value of a vehicle over time due to age and wear and tear
  5. 12. an automotive technician who has passed testing by the National Institute for Automotive Service Excellence, indicating a certain level of knowledge and experience
  6. 13. the original amount of money borrowed to finance a vehicle, before interest is applied
  7. 15. _______ coverage; protection that covers a driver's medical bills and repairs if they are in an accident with a driver who has no insurance or insufficient coverage
  8. 18. an optional service contract that covers specific repairs for a set period after the standard factory warranty expires
  9. 19. routine service procedures, such as oil changes and tire rotations, to keep a vehicle in good condition
Down
  1. 1. _______ coverage; insurance that pays for repairs or replacement of a vehicle damaged in an accident with another vehicle
  2. 2. _______ insurance; covers damages or injuries a driver causes to other people or their property in an accident
  3. 4. _______ coverage; insurance that covers damage to a car from events other than a collision, such as theft, vandalism, or natural disasters
  4. 6. a manufacturer-initiated request for owners to bring their vehicles in for repair due to a newly discovered defect or safety issue
  5. 7. the amount of money paid to an insurance company for an insurance policy
  6. 8. a legal document that proves a person or business is the owner of a vehicle
  7. 11. also known as the sticker price, which is the amount the carmaker suggests the dealer sell the vehicle for
  8. 13. a contract that allows a person to use a vehicle for a set period in exchange for regular payments, without purchasing it
  9. 14. a partial refund offered by a manufacturer or dealer as an incentive to buy a vehicle
  10. 16. the upfront cash portion of a vehicle's purchase price that a buyer pays before taking out a loan for the remainder
  11. 17. a current vehicle that a buyer offers to a dealership to lower the cost of a new or used vehicle