3 Ways to SCARE the Dealer

3 Ways to SCARE the Dealer

12th Grade

8 Qs

quiz-placeholder

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3 Ways to SCARE the Dealer

3 Ways to SCARE the Dealer

Assessment

Quiz

Business

12th Grade

Medium

Created by

Christina Velazquez

Used 6+ times

FREE Resource

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the 'out the door price' of a vehicle?

The monthly payment for the car

The price after the discount and all fees

The price after the trade-in value

The price before any discounts

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to have a pre-approval for financing before visiting a dealership?

To negotiate a lower selling price for the car

To compare interest rates with the dealership

To have more control over the financing process

To avoid discussing payments with the salesperson

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can a car buyer use a pre-approval to negotiate with the finance manager?

By discussing monthly payments instead of the total cost

By showing a lower pre-approval rate from a different lender

By comparing it with the KBB value

By accepting the initial interest rate offered by the dealership

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of using join ya.com/sell for a trade-in?

To negotiate a higher trade-in value with the dealership

To avoid discussing the trade-in altogether

To get a KBB value for the trade-in

To compare trade-in offers from different sources

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to treat the trade-in as a separate transaction from the car purchase?

To avoid disclosing the trade-in value to the dealership

To have more control over the trade-in negotiation

To prevent the dealership from offering a lower trade-in value

To focus on getting the best deal for the new car first

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main advantage of having a pre-approval for financing when buying a car?

To negotiate a lower selling price for the car

To compare interest rates with the KBB value

To avoid discussing the trade-in value with the dealership

To have more control over the financing process

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can a car buyer use a pre-approval to negotiate with the finance manager?

By accepting the initial interest rate offered by the dealership

By discussing monthly payments instead of the total cost

By comparing it with the KBB value

By showing a lower pre-approval rate from a different lender

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to treat the trade-in as a separate transaction from the car purchase?

To avoid disclosing the trade-in value to the dealership

To have more control over the trade-in negotiation

To prevent the dealership from offering a lower trade-in value

To focus on getting the best deal for the new car first