Last updated 2018-03-15
Estimate/appraisal form terms
List of terms and definitions in the Estimate or Appraisal.
Terms and definitions
The Estimate or Appraisal uses several terms to describe specific repair or replace related items.
Term |
Definition |
---|---|
Original Equipment Manufacturer (Nw) |
a part supplied by the original equipment manufacturer. Example: Ford or Dodge. |
Aftermarket (AM) |
Aftermarket means any part other than OEM. Example: Jobber or after -market parts. |
Like Kind (LK) |
Parts from a donor vehicle supplied by an auto recycler (auto wrecker). |
Sublet |
A dollar amount for a service not normally performed by the repair facility.
Examples:
Note: Prices for each of these would be in the sublet column of the Estimate or Appraisal.
|
Repair Hours (RP) |
The amount of time it takes to repair a panel or part on a vehicle. |
Remove/Replace (RR) Hours |
The amount of time it takes to remove the old part and replace it. |