What is one of the advantages of buying a used car as mentioned in the article?
Buying A Car

Quiz
•
Life Skills
•
12th Grade
•
Medium
Kaylee Stevens
Used 1+ times
FREE Resource
32 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is more enticing than buying a new car.
It can save you thousands upfront and over cycles of ownership.
It is recommended by the National Automobile Dealers Association.
It allows you to own more cars in a lifetime.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the article, how many cars does the average person own in a lifetime?
13 cars
30 cars
10 cars
20 cars
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the average cost of a car according to the report by the National Automobile Dealers Association?
$30,000
$20,000
$40,000
$50,000
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much can you save during your lifetime by buying cars that are 3 years old instead of new, according to the image?
$30,000
$60,000
$130,000
$15,000
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the financial term used in the image to describe the loss of a car's value over time?
Inflation
Depreciation
Interest
Deflation
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the image, how much does a new $30,000 car lose in value after just one minute?
$3,000
$6,000
$9,000
$15,000
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the depreciation cost of a used car after three years if it was bought for $15,000 and later sold for $10,000?
$5,000
$10,000
$15,000
$20,000
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