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 sold, which is always less than what it would cost to replace it.
A system for controlling the humidity, ventilation, and temperature in a vehicle, typically to maintain a cool atmosphere in warm conditions. Code Description N Not Available O Optional S Standard A Automatic Temperature Control
Air Ride Suspension
A suspension system riding on air-filled rubber bags.
Aluminum Freight Floor
This type of floor is typically found in a van or refrigerated type trailer. It is available in smooth or tread plate design and is easier to clean than an extruded design floor.
Popular floor for platform type trailers made of natural hardwood.
Beam Type Trailer
A narrow heavy-duty lowboy type trailer designed to carry large equipment such as a bulldozer or other various large equipment.
A type of trailer design in which the rear of the trailer tapers down to allow equipment to be driven on and off the trailer easier.
Sometimes called a hopper, this type of dump trailer discharges material from bottom doors rather than from the rear of the trailer.
A device for slowing or stopping a moving vehicle, typically by applying pressure to the wheels. Code Description P Power Assist P’ Power w/Front Disc P” 4 Wheel Power Disc A Anti-lock Brake System (ABS) A’ ABS w/Front Disc A” ABS w/4Wheel Disc T’ A’ w/Traction Control T” A” w/Traction Control
A trailer with one or two floor levels designed to transport cattle.
A livestock trailer with three floors designed to transport hogs or cattle.
MC internal supports with vapor recovery and scully system.
A term referring to the interior positions on tank trailers that allow for the transport of one or more products.
Anchor for securing chains or ropes resembling the shape of the letter D.
A semi-solid wheel made of steel or aluminum anchored by eight to ten lug nuts at the center of the hub. Often referred to as a “Bud” wheel.
Drop Deck Flatbed
A platform type trailer having a high deck at the front and a lower deck for the remaining length. Double drop decks have a higher front and rear with the middle deck being closer to the ground.
A van type trailer with an upper and lower deck. Smaller wheels and tires are used on this type of trailer to allow the lower deck to remain totally flat. Air ride suspension is standard on this type of trailer.
The manufacturer of the engine as expressed as a three digit manufacturer code Code Description BWR Borgwarner CAA Caterpillar CUA Cummins CYA Chrysler DEA Detroit DOA Dodge DSA Dana Spicer DUA Deutz FCA Fiat Chrysler/Stellantis FOA Ford GMA General Motors HIA Hino IHA International ISA Isuzu IVA Iveco MCA Mack MSA Mercedes MUA Mullen MXA […]
Typically found on lowboys and drop decks and cannot be removed or detached.
A two-tandem axle suspension that is permanently secured in one spot.
A platform-like trailer usually without sides. Designed for hauling items too large to be loaded from the rear via a loading dock.
Found at the rear of a reefer trailer’s extruded floor. The drains allow for the interior to be washed and drained easily.
Frame Type Dump
A dump trailer with a complete frame as the main stay for support.
An end-dump that works with a scissors action when dumping. It does not have a full frame underneath the body, and is supported by a sub-frame and drain bar.
The front end of a trailer frame that houses the upper coupler and overlaps the truck frame.
A trailer used for hauling grain and other edible farm products, usually discharging from the bottom or rear.
High Trade-in or High Wholesale Value
High range for what a dealer would pay for a good clean unit when accepting a trade towards a unit of greater value.
Hybrid-Electric Vehicle (HEV)
A vehicle powered by an internal combustion engine in combination with one or more electric motors that use energy stored in batteries. The batteries can only be charged by the internal combustion engine and regenerative braking – this vehicle cannot be charged via a plug in.
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 providing it is in good clean condition.
A trailer that has a deck height very low to the ground and usually used to haul construction equipment or very large loads usually requiring a permit.
A gooseneck on a lowboy trailer that is removed manually without the use of hydraulics.
Manufacturer’s suggested retail price for assembled vehicle/vessel (no kits) with standard equipment. For boats, this price includes basic working sails unless otherwise noted.
A spring type suspension made up of four main springs containing between seven and nine leaves.
A large body tank trailer that empties via a pump and forced air. Primarily used for products like cement, flour, plastic pellets, etc.
A short trailer with an extended tongue or gooseneck that couples to a pintle hook.
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 extended tongue or gooseneck that couples to a pintle hook.
A user-defined value that adds value over the current retail value, such as an advertised selling price.
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 willing and able to buy, assuming the sale is an “arm’s length” transaction and neither party is under duress to buy […]
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.
Refers to a trailer that rides on one axle.
Usually found on flat bed trailers, the deck is steel in place of wood. This typically reduces the value of a trailer.
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.
The mechanism by which power is transmitted from an engine to the wheels of a motor vehicle. Code Description 4M 4 Speed Manual 5M 5 Speed Manual 6M 6 Speed Manual A Automatic
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 trailer on the road today.
Stands for Vehicle Identification Number.
A probable amount a vehicle would bring without the retail dealer markup of a unit as is and where is.
World Manufacturer Identifier (WMI)
The first three positions of a 17-digit VIN, identifying the manufacturing company.
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