Definitions & Terminology
- What is MSRP or 'sticker price'?
- What is True Market Value (TMV) pricing?
- What is dealer invoice (or 'dealer cost')?
- Does Edmunds True Market Value (TMV) include taxes and fees?
- What is True Cost to Own (TCO)?
- What is a recall or technical service bulletin (TSB)?
- What is a vehicle identification number (VIN)?
- Does the vehicle width on Edmunds include the mirrors?
- What is the difference between AWD and 4WD?
- What's the difference between a demo car and a program car?
- What is dealer cash?
- What are the different types of transmissions?
- What do the abbreviations such as V8, 3.8L or 5A mean?