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21 Cards in this Set
- Front
- Back
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Invoice |
Dealer cost |
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MSRP |
Sticker price |
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Trade in |
Money for your old car |
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When to shop for a car |
Winter |
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5 expenses |
Final price, sales tax, destination fee, license and registration, documentation fee |
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20% rule |
Of monthly pay |
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Gross capitalized cost |
Price you pay for car |
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Residual value |
Predicted value of the car at the end of a lease |
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Mileage allowance |
Maximum amount of mileage allowed without paying extra |
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Excess wear fee |
Fee for damage outside of normal wear and tear |
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Policy |
Contract between you and insurance company |
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Premium |
Monthly payment |
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Deductible |
Amount you pay before insurance company kicks in |
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Rider |
Addition to policy - extra protection and/or features |
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Claim |
Insurance company asking for payment |
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1/2/3 |
1- max bodily for 1 person 2- max bodily for all people 3- max for property |
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Medical |
Medical and funeral for all passengers |
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Underinsured |
When the other person has too little coverage |
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Comprehensive |
Pays for damage to car not caused by collision |
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Collision |
Pays for damage to car - most expensive |
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5 factors affecting premium |
Classification, territory, driving record, type of car, claims history |
