Price Digests uses condition terms to signify physical wear and damage to vehicles and equipment. Valuations default to a Good condition unless manually adjusted by a user. These conditions can [...]

Engine (Eng.)

A machine with moving parts that converts power into motion.  Size stated in liters. Further engine characteristics are identified using the following characters. Code Description T Turbo D [...]

Low Trade-in or Low Wholesale Value

Generally what a consumer or dealer would pay for a unit that is worn and faded and will need cosmetic and mechanical reconditioning. One can always dispose of a unit at that price level [...]

Actual Cash Value (ACV)

Actual cash value is the amount equal to the replacement cost minus depreciation of a damaged or stolen property at the time of the loss. it is the actual value for which the property could be [...]

Wholesale Value

A probable amount a vehicle would bring without the retail dealer markup of a unit as is and where is.

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.

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