Which group takes the largest share of money when buying a car?

Car Buying Costs and Fees

Interactive Video
•
Business
•
9th - 10th Grade
•
Hard

Sophia Harris
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Government
Dealership
Banks
Insurers
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a group that takes money during a car purchase?
Dealership
Government
Insurers
Mechanics
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term used for the price of the car itself?
Insurance premium
Stamp duty
Retail price
Dealer delivery
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does 'dealer delivery' refer to?
The cost of insuring the car
The cost of registering the car
The cost of transporting the car to the buyer
The cost of manufacturing the car
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the 'drive away' price?
To include only the retail price
To include both retail price and dealer delivery
To include insurance costs
To include registration fees
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might a car buyer need to pay dealer delivery?
To cover the cost of a safety check
To cover the cost of registration
To cover the cost of transporting the car to the buyer
To cover the cost of car insurance
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the informal name for car registration?
Green slip
Blue slip
Pink slip
Yellow slip
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