Documentation Fees: Dealerships charge car buyers a documentation fee, or doc fee, to cover the cost of preparing and filing the sales contract and other paperwork. In some states, the doc fee is limited by state law.o, if your new car costs $25,000 and you are getting $10,000 for your trade-in, you will only be taxed on the difference, or $15,000. If sales tax in your state is 10 percent, this will save you $1,000.
LINK / CITE ADD TO WORD LIST. noun. Ilk is defined as a type or kind of people or things. When you encounter a very rude person and you say I can't stand people like him, this is an example of a situation where you could say that you cannot stand people of his ilk. Obs. same; like. Origin of ilk.
ILY sign. The ILY is a common sign in Deaf culture meaning, I Love You (informal). The ILY is a sign from American Sign Language which, as a gesture, has moved into the mainstream. Seen primarily in the United States and other Americanized countries, the sign originated among deaf schoolchildren using American Sign Language to create a sign from a combination of the signs for the letters I, L and Y (I Love You).