Podcast
Questions and Answers
Which type of car, used or new, is more likely to require repairs and maintenance? (New Car vs. Used)
Which type of car, used or new, is more likely to require repairs and maintenance? (New Car vs. Used)
- New car
- Neither used nor new cars
- Used car (correct)
- Both used and new cars
What is depreciation? (New Car vs. Used)
What is depreciation? (New Car vs. Used)
- The decrease in value of a car over time (correct)
- The amount of money you lose when selling a car
- The increase in value of a car over time
- The total cost of repairs and maintenance for a car
Which type of car, used or new, will mostly cost less to insure? (New Car vs. Used)
Which type of car, used or new, will mostly cost less to insure? (New Car vs. Used)
- Both used and new cars
- New car
- Used car (correct)
- Neither used nor new cars
What are two advantages of buying a new car?
What are two advantages of buying a new car?
What are two disadvantages of buying a used car? (New Car vs. Used)
What are two disadvantages of buying a used car? (New Car vs. Used)
- What does the chart above show? (The Common Cost of Operating a Vehicle)
- What does the chart above show? (The Common Cost of Operating a Vehicle)
- On average, how much does car insurance cost per year? (The Common Cost of Operating a Vehicle)
- On average, how much does car insurance cost per year? (The Common Cost of Operating a Vehicle)
- How much are the average costs for maintenance and tires each year? (The Common Cost of Operating a Vehicle)
- How much are the average costs for maintenance and tires each year? (The Common Cost of Operating a Vehicle)
- Which is the most expensive annual cost to operate a car? (The Common Cost of Operating a Vehicle)
- Which is the most expensive annual cost to operate a car? (The Common Cost of Operating a Vehicle)
- How much does license, registration, and taxes cost per year for a car? (The Common Cost of Operating a Vehicle)
- How much does license, registration, and taxes cost per year for a car? (The Common Cost of Operating a Vehicle)
Which type of car is the chart showing the cost of ownership for? (The Ownership Cost of a New Car)
Which type of car is the chart showing the cost of ownership for? (The Ownership Cost of a New Car)
What is the total purchase price or cash price for this car? (The Ownership Cost of a New Car)
What is the total purchase price or cash price for this car? (The Ownership Cost of a New Car)
After five years of ownership, what is the estimated true cost of this car? (The Ownership Cost of a New Car)
After five years of ownership, what is the estimated true cost of this car? (The Ownership Cost of a New Car)
How much did the car depreciate (lose value) in the first year? (The Ownership Cost of a New Car)
How much did the car depreciate (lose value) in the first year? (The Ownership Cost of a New Car)
What is the average amount a person will spend on car insurance each year? (The Ownership Cost of a New Car)
What is the average amount a person will spend on car insurance each year? (The Ownership Cost of a New Car)
