Car Vocabulary Flashcards

1
Q

Lift gate

A
  • Power lift gate is push button for truck

- Manual lift gate is truck

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2
Q

ACV ( Actually cash value)

A

Thé worth of the car.

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3
Q

Payoff

A

What the customer own to the back

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4
Q

Equity

A

Positive equity- car is worth more than what you owe

Negative equity- car is worth less than what you owe

To get equity sum- ACV minus Payoff

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