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Glossary of Automotive Terms - W

Click on any letter to find automotive-related entries beginning with that letter.

Waiver

The agreement to forego premium payment during a period of disability.

Walk-Away Lease

Another name for a closed-end lease. A leasing contract in which the residual value, or final value, of the vehicle at the end of the term, has been specified. The lessee is not required to buy the vehicle, or make up any shortfall in its residual value.

Water Pump

The pump that circulates coolant through the engine block, cylinder head and radiator. It is driven by the engine crankshaft.

Wear and Use

Normal depreciation of a vehicle under average daily use.

Wheel Size

Determined by the diameter and width of the wheel on which the tire is mounted. A 15-inch wheel has a diameter of 15 inches. A 15 X 7 wheel has a 15-inch diameter and a 7-inch width.

Wheelbase

A mainstay in drag races, this refers to when the front end of car lifts up during a race. It is also known as a wheelie.

Wholesale Value

The price that the retailer expects to pay for a vehicle.

Winston Cup

The creme de la creme of NASCAR racing, the drivers are going for all the marbles in this race that spans the entire season as drivers accumulate points at each of 31 events. The driver that accumulates the most points, not the most wins, becomes the eventual Winston Cup winner.

This image is a stock photo and is not an exact representation of any vehicle offered for sale. Advertised vehicles of this model may have styling, trim levels, colors and optional equipment that differ from the stock photo.
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Glossary of Automotive Terms W - Autotrader