Buying a Car

Buying a Car

Assessment

Flashcard

Business

9th - 12th Grade

Hard

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15 questions

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1.

FLASHCARD QUESTION

Front

What do you need to know about buying a car?

Back

How to select the right car, The costs associated with having a car, How to obtain suitable insurance

2.

FLASHCARD QUESTION

Front

Is it important to test drive a car?

Back

Yes, you need to test drive to get a feel for the car and identify any obvious problem.

3.

FLASHCARD QUESTION

Front

The original amount of money that you borrow is referred to as the:

Back

Principal

4.

FLASHCARD QUESTION

Front

The cost of a car is $25,000 and the down payment is $3,750. What is the total amount to be financed?

Back

$21,250

5.

FLASHCARD QUESTION

Front

The cost of a car is $25,000 and the down payment is $3,750. What is the total amount to be financed?

Back

$21,250

6.

FLASHCARD QUESTION

Front

"MSRP" can best be defined as...

Back

an abbreviation for manufacturer's suggested retail price

7.

FLASHCARD QUESTION

Front

"Options" can best be defined as...

Back

extra items added to a car

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