Car Leasing Guide – Definition of terms used in car lease secrets

Here is a compilation of car terms that we think you will find helpful as you research your next purchase. These are common terms that you might come across while shopping for your next vehicle. Contact us if you feel there is something that should be included in our glossary, and we will definitely consider your suggestion.

payload
Cargo or the weight of cargo.

pillars
Structure that holds up a car's roof.

platform
The base n which a car is built that defines its size, weight and strength.

Porsche Stability Management (a.k.a. electronic stability system)
Refers to a computer-controlled antilock braking system that keeps a car on course.

port (multi-point) fuel injection (a.k.a. fuel injection, electronic fuel injection, EFI)
A fuel-supply system that has taken the carburetor's place, increasing vehicle reliability, efficiency and emissions performance

power ratings
Measure of an engine's force

Precision Control System (a.k.a. electronic stability system)
Refers to a computer-controlled antilock braking system that keeps a car on course

prep fee (a.k.a. dealer preparation fee)
The fee charged by a dealer for preparing a car for lease

production vehicle
A vehicle produced for public sale

purchase option
The opportunity given to a lessee to buy a car at the end of a lease.