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carwow.co.uk
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Definitions (54)
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list price
The RRP of the car that the manufacturer sets. The RRP includes road tax, first reg fee and all the other cost, just like the offers on carwow do
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0% finance
Some manufacturers offer 0% APR finance on certain models. If this is not listed under the finance section by each offer then it is not available. Minimum deposit terms usually apply.
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adaptive cruise control
A system that will maintain the speed you set, but will slow down to account for slower cars ahead of you, meaning you can relax a bit more behind the wheel. Usually works using radar.See What is adaptive cruise control?
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added charges
On some finance documents there is a line called 'Added Charges', this is simply the interest they charge
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additional options
These are options which you either specified when building the car on carwow or come as standard on the car, but can be changed. E.g. Black Cloth Interior may be a standard no-cost options which appears on the list of additional options. It appears on the list as there may be another cloth colour which is also free of charge.
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allocation
Each dealer has a certain number of cars for different factory order build slots. E.g. They could have 10 slots to build a model of car in one month. Some dealers can offer quicker delivery if they haven't yet filled their allocation for an upcoming month
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annual mileage
When taking finance the distance you cover will determine the price per month. The average annual mileage is 10,000. The are charges for going over this limit, the charge per mile will be stated in the finance documents.
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apr
The annual percentage rate which is the interest that applies to the finance. The APR on new cars doesn't change between main dealers of the same brand.
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broker
These are telephone companies where you can buy a car from them. They normally deal with preregistered or imported cars and often have hidden fees to pay if you buy a car from them. Unlike carwow, they don't tell you where you are buying the car from.
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at port
If a dealer refers to a car "at port" it means they have a car which is currently on its way from the factory, so may still be a couple of weeks away from arriving in their showroom.
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