As per title, enough said.
Understeer: When you hit the wall with the front of the car
Oversteer: When you hit the wall with the back of the car
Horsepower: How fast you hit the wall
Torque: How far you take the wall with you.
Turbo lag: The short delay before you hit the wall
ABS: The device that stops you leaving skid marks before you hit the wall
Double-declutching: The distraction with your feet just before you hit the wall
Red Line: Where the rev counter will be just before you hit the wall
Dump valve: Makes a stupid noise just before you hit the wall
Anti-roll bars: Ensure you hit the wall the right way up
GPS: tells you where you are when you've hit the wall
Engine Re-mapping: You'll have plenty of time to ponder whether this was a good idea or not, after you've hit the wall
Road Tax: Nothing you need to worry about
Insurance: See 'Road Tax'
MOT: See 'Insurance'
Driving License: If you are burdened with one of these, don't worry, it will soon be taken away
Collision Avoidance Module: Ignore, this won't be fitted on any car you own
Tracking Module: Ensures a police escort, to make your drive more fun
TWOC: Police term for 'borrowing' your 'mate's' car
Mate: another person whether known to you or not