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Automotive dictionary (encyklopedia)

Dictionary of terms and abbreviations for cars (automobiles), motorcycles (bikes),
bicycles, boats, engines, machines, machining and car fixing.

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Closed end lease

Most leases offered today are close-end leases, meaning that the residual value is fixed and stated in the lease contract. The lessee's financial obligations are unaffected by what the vehicle is actually worth when the lease ends. In other words, the lessee assumes no risk for the depreciation of the vehicle.
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Five Most Common Myths About Auto Insurance

Myth 1: Red cars cost more to insure

If you believe the owners of red cars drive more aggressively and get more speeding tickets, this would make sense. But there’s no data to back this up.

Auto insurance companies usually offer a range of discounts. Here are some of the most popular ones to ask about:

 
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