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Finance Simplified

Authored by Teni Burningham

Business

Professional Development

Used 4+ times

Finance Simplified
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6 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Before a customer goes to CarMax.com, they've decided:

I want a vehicle

I need a vehicle

To sell a car

to research car prices
to visit a different car website

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a customer starts online they can?

Transfer a vehicle

Hold a vehicle

Pre-Qual

All of the Above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is the vehicle dose not fit their budget, what tool should you use?

Budget calculator or financial planning tool

pre-qual

FBS

Investment portfolio

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is the customer is going through Outside Financing, what tool should you use to compare rates?

Retirement savings calculator

Pre-Qual

Mortgage payment calculator
Car loan calculator

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should you invite the customer to complete at your desk before they browse the lot?

Start a game of chess

Complete a pre-qual

Watch a movie
Take a nap

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When discovering a customers budget, what should you use to introduce a pre-qualification?

Power Statements

Bank statement
Income verification
Credit score

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