Term Answer Description Rebate A. A partial refund of a car's purchase price that dealers give as an inducement to purchase Impulse purchase B. The value of a leased asset at the end of the lease period This rebate, calculated as a percentage of the vehicle's invoice price, Lease C. that increases the dealer's profit and allows a vehicle to be sold for less than either the vehicle's sticker price or the dealer's invoice price Dealer hold back D. The purchase of a good or service without fully considering your priorities and the availability of any alternatives Closed-end lease E. This is the total price of the leased vehicle, including its negotiated cost and any applicable fees and taxes Sticker price F. The practice involving unethical car dealers who first quote a low sales price to induce a potential customer to make an offer and then attempt to add costly add-ons to the transaction prior to the signing of the contract Residual value G. A contract and business transaction in which the user of an item, such as a car or house, receives the right to use it in exchange for scheduled payments for a fixed period Low-balling H. The popular name given to the manufacturer's suggested retail price (MSRP), which by federal regulation is posted on the vehicle's window Gross capitalized I An insurance policy that pays the policyholder the difference between the actual cash value (ACV) that the insurance company pays when a cost vehicle is declared a total loss and the outstanding loan amount on the purchase of the vehicle Gap insurance A lease transaction, often called a walkaway lease, that allows the lessee, at the end of the lease period, to merely return the vehicle- assuming that he or she has not exceeded the preset mileage limit or abused the vehicle