Vehicle Jargon: What does THAT mean? – Part II
If you ever find yourself overwhelmed at the thought of buying a new car, you're not alone. Aside from the financial commitment and decision-making, there are often terms that are used during the process, that can be confusing. Unless you're in the business, some of the terminology used may not make sense. The following is a list of vehicle jargon that can help prepare you for your next car purchase.
Certified Pre-Owned: A CPO vehicle is a used vehicle that has been thoroughly inspected by the manufacturer to ensure it meets high standards. They also typically include an extended warranty, special financing, and additional benefits. The certification process removes the uncertainty about the mechanical condition of the vehicle, which is a drawback to buying a used car. A CPO vehicle is an attractive alternative to buying a higher-priced new car.
EV: An electric car is powered exclusively by an electric motor instead of a gasoline engine. The electric motor obtains the energy from a controller, which regulates the amount of power coming from the accelerator pedal. An EV uses energy stored in its rechargeable batteries. EVs are cheaper to operate, cause no tailpipe emissions, and reduce dependency on oil. With improved battery technology and increased energy storage, electric vehicles are becoming more popular.
Hybrid: A hybrid vehicle uses more than one type of energy to drive. Typically, a hybrid will have a traditional internal-combustion engine and fuel tank, and one or more electric motors and a battery pack. The gasoline engine powers the car at higher speeds and the electric engine powers it at lower speeds. Hybrids conserve fuel and produce less CO2 emissions.
Rebate: A rebate returns a fixed amount of money to the buyer for the purchase of a particular vehicle. It is typically used by the manufacturer to increase demand for models that aren't selling. Usually, you will receive the money in the form of a lump sum, or you can use it towards your down payment. Knowing how to use rebates can save you thousands of dollars on a new car.
Smart Entry: Available as an option, or standard in many cars, smart entry is an electronic access and authorization system. With a smart key, the driver can keep the key fob pocketed when unlocking, locking, and starting the vehicle. The key is identified through antennas in the framework of the car and a radio pulse generator in the key housing. Keyless Access, Keyless Entry, and Advanced Key are some of the other names used by different manufacturers.
If you are in the market for a new or used vehicle, the experts at AAA Auto Buying can walk you through the process. We can help you find the right car at the right price and will be happy to answer all of your questions. Call 1-866-710-6226 or view our current inventory today.