The term LOT CHOICE is a combination of two words, 'SEDAN' and 'USEDCAR'. A SEDAN is a type of car that typically has four doors and a closed trunk. It is usually larger than a hatchback or coupe and is often used as a family car. Used cars are vehicles that have been previously owned and are now being sold by a dealer or private seller. Buying a used car can be a great way to save money, as they are usually much cheaper than buying a new car. The term LOT CHOICE refers to the wide variety of cars available for purchase, both new and used.