QUIZ: CARS

Similar to renting, you make payments for the use of a car over a certain time period, and you return the car at the end of that period.

• Loaner
• Lease
• Lemon
• Luxury Vehicle

Which of the following term describes what happens to the value of a vehicle as it is driven, mileage is added, and wear and tear takes place?

• Appreciation
• Demotion
• Depreciation
• Actuation

You can learn the history of any used vehicle if you have which of the following?

• Registration
• VIN
• Title
• License Plate Number

Which of the following documents states what the manufacturer will do if the automobile does not perform as it should within the stated period of time?

• Owner´s Manual
• Vehicle Registration
• Maintenance Log Book
• Warranty

This document establishes ownership of a vehicle.

• Title
• Registration
• Documentation
• Certificate

The suggested retail price of a new car with its optional equipment.

• Invoice Price
• Base Price
• MSRP
• Sales Price

A car that has serious defects and cannot be fixed.

• Lime
• Lemon
• Dud
• Junk

The fair price for a new car usually lies somewhere between the sticker price and the dealer’s cost.

• True
• False

Car leases usually have _____________________.

• unlimited terms
• maximum mileage agreements
• minimum mileage agreements
• none of these

It is important to get regular maintenance on your car in order to keep it running smoothly and to maintain its resale value.

• True
• False