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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.

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Cost per mile

A ratio which is obtained by dividing the total cost of the tire by the distance the tire has gone. The total cost involves adding up the initial price of the tire, price of retreading, repairs, rotation of tires, balancing tires, and other services. From this total any credits such as warranty, rebates, and trade-in value is subtracted. It must be remembered that when calculating the cost per mile of summer tires if winter tires were installed for a few months that only the number of miles that the summer tires were actually in use should be determined for this ratio. When purchasing tires, it may be helpful to divide the retail cost by the number of expected miles in order to compare one brand or one series against another.
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Six Major Factors that Influence Auto Insurance Rates

No two car insurance rates are the same. From driver to driver, several factors will change how much a policyholder pays for even the same coverage. Here we review the six main components that go into the auto insurance rates recipe.

1. How Much You Drive

Car insurance companies measure rates based on risk. The more miles you drive, the higher the risk you will be in a car accident. You’ll pay more if you drive more. If, on the other hand, you drive fewer than 10,000 miles annually, you may qualify for a low mileage discount from your auto insurer. People who carpool often receive discounts because they drive less frequently.

2. Your Driving History

Being a good driver matters to car insurers. Many insurance companies offer special discounts to good drivers. If you have had a series of accidents or traffic violations, you may pay more for your premium. If you have not carried car insurance in several years, you may also pay more for your policy.

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