Consumer Vocab

2. of depreciation the rate at which the value of an asset is reduced each year
3. manufacturer's suggested retail price, "sticker price"
5. price price negotiated by dealer and buyer prices includes car and options
9. protection if something would break on car
11. price `"out the door" price; total of purchase price. sales tax, registration fees, and non taxable items, less any rebates
13. loss in value
14. motorist insurance protects you if you're in an accident with an at-fault driver who doesn't carry liability insurance
17. discounts

1. 12/12,000, covers the car for 12 months or 12,000 miles
4. blue book book listing prices of used cars
6. in value amount you get for your old car when you trade in to buy a new car
7. place where four or more roads meet
8. due amount customer has left to pay
10. value market value, the amount you get when you sell the car to someone else
11. payment cash payment made by customer or value of vehicle, given as a trade in
12. tax computed on the purchase price
15. taxable items any items such as extended warranties that may be exempt from sales tax depending on state tax laws
16. fees license and title transfer fees