Buying a Car/Loans/Insurance

Front

Insurance that pays for damage you cause to another person's vehicle

Back

liability

Front

Coverage that pays for damages you cause even if it's to your own vehicle

Back

collision

Front

Insurance coverage that pays for losses that are out of your control (weather related, fire, hitting an animal, etc.)

Back

comprehensive

Front

If you have to get a loan to purchase a vehicle, it's known as...

Back

financing

Front

This type of insurance protects you if you get into an accident and the person who caused it DOESN'T have insurance

Back

uninsured/underinsured motorist protection

Front

APR means the same as...

Back

interest

Front

APR is...

Back

Annual Percentage Rate

Front

Having a lower APR could mean that your...

Back

monthly car payment is lower

Front

A reduction in the value of an asset over time is called

Back

depreciation

Front

You're likely to save more money in the long run if you... Buy a used car, Lease a car, Buy a new car

Back

Buy a used car