When trying to rent a car, it can be amazing the amount of technical legal jargon that can pop up and confuse what should be a relatively simple contract. Unfortunately, since you are the one who signs the contract, it is your responsibility to know what every little piece of legal jargon actually means. Here are a list of the most common terms you will run across, and the best laymans explanation for each.
Actual Cash Value means purchase the price of the vehicle when they bought it minus depreciation, to give the current value of the vehicle (mostly for insurance purposes).
Exotic Vehicle includes a large list of expensive vehicles that include: Alfa Romeo, Aston Martin, Auburn, Avanti, Bentley, Bertone, BMC/Leyland, BMW M Series, Bradley, Bricklin, Cosworth, Citroen, Clenet, De Lorean, Excalibre, Ferrari, Fiat, Iso, Jaguar, Jensen, Jensen Healy, Lamborghini, Lancia, Lotus, Maserati, MG, Morgan, Opel, Pantera, Panther, Pininfarina, Rolls Royce, Stutz, Sterling, Triumph, TVR, and Yugo. These types of rentals are not common, and usually require special insurance and additional fees, though if you have the money to rent this kind of a vehicle, you probably...
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