Podcast
Questions and Answers
Which of the following is NOT a common expense of owning a car?
Which of the following is NOT a common expense of owning a car?
- Parking fees (correct)
- Fuel
- Maintenance
- Repairs
What are some factors that can affect the cost of operating a car?
What are some factors that can affect the cost of operating a car?
- Color of the car
- Brand of the car
- Driving record and age (correct)
- Number of doors on the car
What is the average annual cost to operate a car for a vehicle driven 15,000 miles a year?
What is the average annual cost to operate a car for a vehicle driven 15,000 miles a year?
- $1,000
- $6,000
- $2,500
- $4,374 (correct)
What is one important step to take when buying a car?
What is one important step to take when buying a car?
Why is it important to understand the different costs of car ownership?
Why is it important to understand the different costs of car ownership?
Which two websites provide professional and consumer reviews of cars?
Which two websites provide professional and consumer reviews of cars?
What is the sticker price of a car?
What is the sticker price of a car?
What is the dealer's invoice price for a car?
What is the dealer's invoice price for a car?
What is the best approach to avoid being talked into buying a more expensive car or paying more than the quoted price?
What is the best approach to avoid being talked into buying a more expensive car or paying more than the quoted price?
What is the purpose of comparison shopping in the car buying process?
What is the purpose of comparison shopping in the car buying process?
True or false: Comparison shopping can save you thousands of dollars when buying a car.
True or false: Comparison shopping can save you thousands of dollars when buying a car.
True or false: It is recommended to get preapproved for a car loan before going to a car dealer.
True or false: It is recommended to get preapproved for a car loan before going to a car dealer.
True or false: It is best to negotiate for a new car based on the sticker price.
True or false: It is best to negotiate for a new car based on the sticker price.
Match the following scams with their descriptions:
Match the following scams with their descriptions:
Match the process steps with their descriptions in the car buying process:
Match the process steps with their descriptions in the car buying process:
Match the following resources with their uses in the car buying process:
Match the following resources with their uses in the car buying process:
