Car Ownership Costs Quiz

<p>Research before you buy</p> Signup and view all the answers

<p>To avoid overspending</p> Signup and view all the answers

<p>Edmunds and Kelley Blue Book</p> Signup and view all the answers

<p>The price that appears on the window sticker of the car</p> Signup and view all the answers

<p>What the car dealership bought the car for minus any incentives they received from the car manufacturer</p> Signup and view all the answers

<p>Print out your quote and don't get talked into buying a vehicle you can't afford or paying more than the quoted price</p> Signup and view all the answers

<p>To save thousands of dollars</p> Signup and view all the answers

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

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

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

<p>Bait and Switch = A dealer advertises a car at a low price to lure you in, but when you arrive, they say it's already been sold Focusing on Monthly Payments = Dealers try to get you to focus on the monthly car payment and not the purchase price The Warranty Scam = Dealers try to hit you with a forced warranty or sneak a warranty into the terms of your deal</p> Signup and view all the answers

<p>Comparison Shopping = Researching different cars, options, quality, and prices to make an informed decision Getting Preapproved = Visiting a bank to get preapproval for a car loan before going to a car dealer Negotiating the Best Deal = Being prepared to negotiate and not settling for the sticker price</p> Signup and view all the answers

<p>Edmunds and Kelley Blue Book = Websites that provide professional and consumer reviews, and information about value, performance, customer satisfaction, and safety of cars Bank or Credit Union = Places to get preapproved for a car loan Car Dealer's Business Manager = Person you meet with for paperwork and who may try to sell you extras</p> Signup and view all the answers