According to the segment, a salesperson will likely start the discussion of price by focusing on which of the following?

• True market value

• Invoice price

• MSRP

• Out-the-door price

The segment recommends trying to switch the focus to which of the following?

• Monthly payments

• Invoice price

• MSRP

• Incentives

Which of the following is NOT one of the extra costs the segment mentions as being a typical legitimate fee?

• Documentation fee

• Registry costs

• Sales tax

• Vehicle prep fee

Extended warranties are also known as which of the following?

• Service contracts

• Mechanical add-ons

• Manufacturers' guarantees

• Incentives

Which of the following is NOT one of the organizations the segment recommended when looking for information and advice about consumer rights?

• Bureau of Consumer Protection

• Consumer Census Bureau

• Better Business Bureau

• National Association of Consumer Advocates

Which of the following is an advantage of renting as discussed in the segment?

• Opportunity to build equity

• Flexibility

• Tax benefits

• Opportunity to remodel

The segment recommends having which of the following before buying a home?

• A perfect credit score

• An emergency savings fund

• A second source of income

• At least one child

The segment recommends spending no more than what percentage of your total pay on debts?

• 12 to 15 percent

• 24 to 26 percent

• 36 to 38 percent

• 42 to 44 percent

The segment recommends checking your credit score for free at which of the following websites?

• www.AnnualCreditReport.com

• www.FreeCreditReport.com

• www.CreditScore.com

• www.CreditKarma.com

John Darden said the minimum the government requires for a down payment is which of the following?

• 2 percent of the home price

• 3.5 percent of the home price

• 5.5 percent of the home price

• 8 percent of the home price