CE - Auto Buying Terms

What does MSRP stand for?

• My Suggested Retail Price
• Many Suggested Retail Prices
• Manufacturer's Suggested Retail Price
• Manufacturer'es Super Retail Price

Blue book value is 

• the sticker price
• The price that reflects the value of the vehicle according to the experts
• the MSRP
• the value of the vehicle according to the owners 

The base price is 

• the price before adding on the options
• the MSRP
• the retail price
• the price after adding on the options

An example of a MAKE of an automobile is 

• SRX
• Bonneville
• Cutlass Supreme
• Toyota

Another term for MSRP is  

• retail price
• base price
• sticker price
• sale price

The decrease in the value of a car after purchasing the car is known as 

• inflation
• depreciation
• appreciation
• deflation

An example of a MODEL of a vehicle is 

• Camry
• Toyota
• Cheverlot
• Ford

The reliability rating is based on 

• how much the car costs
• how much the car costs to repair
• how often the car needs the oil changed
• how often the car needs repairing     

Use of a car for a fixed period of time at a stated payment with no form of ownership is called a

• Lease

• Mortgage

• Buying Agreement

• Ownership Agreement

The distance traveled per unit of fuel used is called _____ and measured by _______

• MPG, Fuel Used
• Distance Economy, MPG
• fuel economy, MPG
• Fuel Distance, Miles Traveled