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Car Buying Vocabulary Test

Authored by Zane Jillson

Other

10th Grade

CCSS covered

Used 13+ times

Car Buying Vocabulary Test
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The average price the dealership

will give you for your old car when you buy a new

car through them.

Trade-In Value

Retail

Option Packages

Tags

CCSS.6.EE.B.6

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many cars the dealership gets from

the manufacturer in a given period of time.

Asking Price

Allotment

Book Value

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is the price the dealer says the car is

worth, and what you might pay if you don’t know

how to negotiate when buying a car.

Destination Charge

MSRP

Retail

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is anything offered to car buyers,

from the car manufacturer, to get them to buy the

car.

Incentives

Dealer Invoice Price

Option Packages

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the price the manufacturer is suggesting the vehicle

be sold for.

MSRP: “Manufacturer's Suggested Retail Price”

Commission

Book Value

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of income the

salesperson makes because they sell a vehicle.

Book Value

Commission

Asking Price

Tags

CCSS.6.EE.B.6

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The retail cost of the car before any

options are added on.

Base Price

Asking Price

Commission

Tags

CCSS.6.EE.B.6

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