30-3 Buying a Vehicle
Quiz
•
Mathematics
•
12th Grade
•
Practice Problem
•
Medium
Charlize Baron
Used 2+ times
FREE Resource
13 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
What is an operating cost?
A cost that is the same each month
A cost that changes each month
A cost that changes each year
2.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
What is an ownership cost?
a cost that is the same each month
a cost that changes each month
a cost that changes each year
3.
MULTIPLE SELECT QUESTION
20 sec • 5 pts
Select all the operating costs:
gas
maintenance
insurance
monthly payment
4.
MULTIPLE SELECT QUESTION
20 sec • 5 pts
Select all the ownership costs:
oil changes
monthly payment
insurance
new tires
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is residual cost?
number of months x monthly payment - loan amount
the cost to buy a vehicle after a lease
the total cost -down payment
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is the formula for calculating a loan?
after-tax price - down payment
tax x total price
total cost + interest
7.
OPEN ENDED QUESTION
1 min • 5 pts
Why might you choose to buy a car instead of leasing one?
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