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Mastering the Art of Car Buying

Created by

@HardyNovaculite

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Questions and Answers

How can you finance the purchase of a car?

By paying in cash

By borrowing money from a friend

By taking out a loan from a bank (correct)

By using a credit card

What is the purpose of a down payment when buying a car?

To reduce the loan term

To increase the interest rate

To cover the insurance costs

To lower the overall cost of the car (correct)

What is the role of a car dealership in the car buying process?

To offer car repair services

To sell new and used cars (correct)

To assist with car registration

To provide car insurance

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