
Cars, Renting, Homes, Credit Cards
Authored by Eric Strandberg
Other
11th Grade
Used 31+ times

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36 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Many financial advisors suggest not buying a brand new car unless you have a net worth of:
$75,000
$250,000
$500,000
$1,000,000
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following automobile financing methods was NOT discussed in class?
Buying New
Leasing
Buying Used
None of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An advantage of buying a brand new car might be:
Lower down payment
Fewer repair bills
Less depreciation
None of the above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A disadvantage of buying a brand new car might be:
Lower down payment
Few repair bills
Greater depreciation
None of the above
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An advantage of leasing a car might be:
Lower down payment
Lower monthly payment
Fewer repair bills
All of the above
None of the above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A disadvantage of leasing a car might be:
Lower monthly payment
Fewer repair bills
Lower down payment
None of the above
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A disadvantage of buying a used car might be:
Lower down payment
Increased repair bills
Shorter loan term
None of the above
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