Depreciation (Automotive)

Definition

The decline in a car's value over time.

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Car Depreciation

New cars typically lose 20% of their value in the first year and about 60% after five years.

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ABS (Anti-lock Braking System)

A safety system that prevents wheels from locking up during braking, allowing the driver to maintain steering control.

AWD (All-Wheel Drive)

A drivetrain that employs a front, rear and center differential to provide power to all four wheels of a vehicle.

Chassis

The load-bearing framework of an artificial object, which structurally supports the object in its construction and function.

Engine Displacement

The total volume of air/fuel mixture an engine can draw in during one complete engine cycle.

ESC (Electronic Stability Control)

A technology that improves a vehicle's stability by detecting and reducing loss of traction.

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