Trade-in Value

A user-defined value that deducts value from retail at the time of trade-in before reconditioning and/or repairs, or any necessary activity to present a truck for retail resell.

Retail Value

A guide to the probable amount a standard “as advertised” model will bring on the open market. Sold as a single unit by a dealer usually engaged in the truck business to a purchaser [...]

Purchase Value

A user-defined value that adds value over the current retail value, such as an advertised selling price.

Van

An enclosed six-sided rectangular-shaped trailer, usually with doors to the rear. This type of trailer is used for hauling most household and commercial products. It is the most common type of [...]

Steel Deck

Usually found on flat bed trailers, the deck is steel in place of wood. This typically reduces the value of a trailer.

Side Doors

Referring to the location of the doors mounted on the side of a trailer and is in addition to those at the rear. They are also called “curb” side or “road” side door.

Pup Trailer

A trailer that is shorter than average. A pup trailer usually is between 26′ and 32′ long and has a single axle. Also refers to a short trailer called a pull trailer that has an [...]