The distance from the point where the steering axis intersects the ground to the longitudinal line that runs through the center of the tire's contact patch. Also called "steering offset.&quo [..]

Everything in the drivetrain, less the engine and the transmission.

A suspension element that has one joint at one end and two joints at the other end, typically the chassis side. Also known as a wishbone or an A-arm.

A lease that gives the lessee the option of either buying the car at the end of the term at a set price or walking away without liability for any unexpected reductions in the vehicle's value (oth [..]

When you owe more on a loan than your vehicle is worth. This happens because vehicles depreciate rapidly during the first years after they leave the showroom, and is a dangerous situation for several [..]

The total of all costs that must be paid at the signing of the contract: down payment plus any fees.

Can refer to either prepayment penalties or a disposition fee.

The price a dealer will pay for your current car when selling you a new one. Dealer trade-in is typically thousands of dollars lower than the price possible with a person-to-person sale, so decide wha [..]

The price a dealer will pay for your current car when selling you a new one. Dealer trade-in is typically thousands of dollars lower than the price possible with a person-to-person sale, so decide wha [..]

The length of a lease or loan.