CARFAX SHOCKS THE AUTO INDUSTRY | Episode 986
CarEdge Live
CarEdge Live Dec 19, 2025
CARFAX SHOCKS THE AUTO INDUSTRY | Episode 986

CARFAX SHOCKS THE AUTO INDUSTRY | Episode 986

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CARFAX SHOCKS THE AUTO INDUSTRY | Episode 986
Brand

General Motors

General Motors is a big car company from the U.S. that makes cars like Chevrolet and Buick.

Brand

Toyota

Toyota is a Japanese car company that makes popular cars like the Corolla.

Brand

Hyundai

Hyundai is a Korean car company that makes cars like the Elantra.

Brand

BMW

BMW is a German car company that makes luxury cars like the 3‑Series.

Brand

Volkswagen

Volkswagen is a German car company that makes cars like the Golf.

Brand

Ford

Ford is a U.S. car company that makes trucks like the F‑150.

Term

recalls

A recall means the car company says some cars have a problem and they will fix it for free.

Part

blower motor

In a car’s climate control system, the blower motor is the part that moves air so you can feel warm or cool inside the car.

Term

parking function

Parking function is the system that helps stop your car from moving when you park it on a hill.

Concept

rollaway

Rollaway means the car starts moving on its own when it’s supposed to be stopped, like on a hill.

Concept

Depreciation of electric vehicles

EVs can lose a lot of their price quickly, especially when newer models come out. This means if you buy one and then sell it later, you might get back less money than you paid.

Concept

Vehicle recall for high-speed part failure

Sometimes car makers have to tell owners to fix or replace parts because they might break when the car goes fast. This is called a recall.

Mazda 3 hatchback
Car

Mazda 3 hatchback

It’s a small, practical car that comes with a rear door that opens upward, giving you extra cargo space.

Term

VIN search

You can enter the car’s unique 17‑character code to find out its specs, history, and pricing details.

Term

invoice cost

It’s the price the dealer actually paid for the car from the manufacturer.

Term

O.T.D.

O.T.D. means "out‑the‑door" price – the full amount you pay, including taxes and fees, to get the car out of the dealership. It’s what you actually spend when buying a car.

Concept

5-year/60,000-mile warranty

A 5‑year/60,000‑mile warranty means the manufacturer will fix any factory problems for five years or until you hit 60,000 miles, whichever comes first. It’s a basic protection plan for new cars.

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