The purpose of this guide is to help those in the eBay community to be able to buy a vehicle from eBay Motors and understand the language many car dealers use. Often times the car jargon is not flattering, so if you hear or see a car dealer using this language move forward with caution.
It can get confusing if you don't know the lingo.
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$500 sandwich: Went to lunch and missed a sale.
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Ad car: A basic car with fe options (used to draw customers into the dealership).
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All the money: brings top dollar.
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Baldinis: Bald tires
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Bomb: An old car with no value.
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Books: Stamped mechanic records from a dealer. Very important for BMW's and Mercedes.
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Bump: Raising the price.
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Buried: Paid WAY too much for a car.
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Bush: The situation that occurs when a customer attempts a non-legitimate arbitration.
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Clock: Odometer
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Cream Puffs: Very nice used cars. They bring "all the money".
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Curb Appeal: The car looks good to the average Joe.
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Dime: $1,000
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Disabled Sale: A sale running late model vehicles with lots of wear and tear.
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Draft: Financial instrument through which dealers and wholesalers conduct trade. It's like a check but you do not actually pay for you the until all the paperwork is in proper order and title is present.
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Eyes: The car has eyes when it looks NICE.
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Falls in the Book: Many cars routinely fall a certain place in the book. For example, Car XYZ might "fall in the book" around clean (using The Black Book). It's common to ask "Where does XYZ fall in the book?"
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Fisheyes: Small specs of dirt were trapped in the paint during a paint job. They actually look like eyes of a fish.
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Green Light: The car carries some sort of mechanical guarantee.
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Highline: A top-of-the-line car.
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Iron: An old vehicle.
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Knee Deep in Rubber: A car with fairly good or new tires.
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Low Ball: To make a very low offer for a car, well below what you will pay for it.
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Money on the Street: Typically refers to a Note Lot Deal. You have " money on the street" when the down payment was LESS than the amount you paid for the car.
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Nickel: $500 or $5,000
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Nut: The break-even point.
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Orange Peel: The texture of the paint.
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Pig Pen: Area of lot containing towing cars and salvage vehicles.
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Pot: A very used car.
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Pot Lot: A used car lot that has very used cars.
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Quarter: $2,500 or $25,000
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Real Car: A real car is a car that's real. For example, a Yugo is not considered a real car while a BMW is a REAL car.
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Red Light: The vehicle is being sold "as is".
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Rerun: A car that is given a second chance to sell; it runs across the block for a second time during a sale. Rerun occur later in the sale with less buyers around and bring lower prices, typically. The seller is HOPING he gets a higher price than the first time it ran through and he called "no sale" on it.
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Rubber: Tires
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Sand Lines: Circular lines in the paint causes by and orbital working on the underlying metal. The indicates paint work.
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Skateboard: A little car that's barely making it.
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Sits Straight: The car does not lean to on e side or another.Sled: A worn-out vehicle.
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Slider: A worn-out vehicle.
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Standing Tall: Refers to a very well reconditioned car.
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Tanked: You got buried in a car. You paid WAY to much.
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Tired: As a car gets older, you will see signs that the car is "tired. Like an old dog after a run. The car's engine is getting tired.
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TMU: True Miles Unknown
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Wrapper New: A real nice car. Also
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Yellow Light: The car has mechanical guaranteed with announced conditions.
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