waiver
Voluntary relinquishment or surrender of some right or privilege.

warranty
A guarantee that the vehicle will perform as specified. A warranty usually covers specified mechanical problems during a particular period of time or number of miles. Purchasing an extended warranty may extend the coverage period and/or problems covered.

wholesale low price
The lowest suggested resale price of a pre-owned vehicle for dealers. Dealers use this value listing when determining the price to be paid to a seller for a pre-owned vehicle being traded in for a new vehicle.

wholesale high price
The highest suggested resale price of a pre-owned vehicle for dealers. Dealers use this value listing when determining the price to be paid to a seller for a pre-owned vehicle being traded in for a new vehicle.