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Car Ownership Costs Quiz

Test your knowledge on the costs of car ownership with this quiz. Learn about the largest costs such as depreciation, fuel, insurance, and more. Discover how these expenses impact your overall car expenses.

Created by
@BlitheRubellite

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Questions and Answers

Which of the following represents the largest cost when owning a car?

Depreciation

What is the average annual depreciation rate for a car after the first year?

17.5%

You paid $27,705 for a 2021 Ford F-150 regular cab truck. What is the estimated value of your truck after 4 years?

$14,142

Which of the following factors affects fuel costs?

<p>The type of fuel required</p> Signup and view all the answers

Which car would cost the most in fuel for a month's time?

<p>Sports car</p> Signup and view all the answers

Which car would cost the most in a year?

<p>Truck</p> Signup and view all the answers

What is the registration fee for a $30,000 car in Iowa?

<p>$300</p> Signup and view all the answers

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