MSRP

Manufacturer’s suggested retail price at the time of the initial release for assembled vehicle/vessel (no kits) with standard equipment. MSRP will not change in Price Digests if a manufacturer [...]

Lowboy

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.

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 [...]

Grain Trailer

A trailer used for hauling grain and other edible farm products, usually discharging from the bottom or rear.

Gooseneck

The front end of a trailer frame that houses the upper coupler and overlaps the truck frame.

Frameless Dump

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.