Buying and Owning a Vehicle

A(n) _______ lists the legal owner and the registered owner of a vehicle.

• Car insurance

• Car title

Each car has a unique _______ that identifies it.

• VIN #

• VET#

When you _______ a vehicle, you can compare ride, handling, features, and cost at several dealers.

• drive fast

• test drive

Finding out how much money you can borrow is a process called _______.

• preapproval

• approved

The _______ is displayed in printed form on the vehicle; it is the suggested retail price

• sales price

• sticker price

_______ are high-priced, high-profit dealer services with little or no value.

• dealer add-ons

• manufacture add-ons

A contractual agreement called _______ allows monthly payments for the use of a vehicle, without ownership

• purchase

• leasing

Very old vehicles in excellent condition may _______, or increase in value.

• depreciate

• appreciate

The decline in value of a vehicle during its lifetime is called _______.

• appreciation

• depreciation

A(n) _______ assures that the car meets minimum clean air standards

• vehicle emission test

• vehicle inspection test