Vehicle Purchasing Vocabulary and Concepts

Vehicle Purchasing Vocabulary and Concepts

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Thomas White

FREE Resource

This video tutorial covers the vocabulary and formulas needed for purchasing a new vehicle. It explains the base price, options, destination charges, and how these contribute to the sticker price. The video also provides negotiation tips and examples of calculating the total cost, including a complex example using algebra to determine specific costs.

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the focus of today's lesson?

History of vehicles

Vehicle purchasing vocabulary and formulas

Vehicle maintenance tips

Driving safety rules

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the base price of a vehicle refer to?

The cost of the vehicle before any additional features

The total cost including all fees

The cost after taxes

The cost of the vehicle with a discount

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are 'options' in the context of vehicle purchasing?

Mandatory features

Additional equipment or features

Discounted items

Standard equipment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the destination charge?

To pay for vehicle maintenance

To cover the cost of vehicle registration

To pay for vehicle insurance

To cover the cost of transporting the vehicle to the dealership

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the sticker price?

The manufacturer's suggested retail price including options and destination charge

The final price after all negotiations

The price after taxes

The price before any options are added

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should you do with the sticker price?

Pay it without question

Use it as a starting point for negotiation

Double it to find the real price

Ignore it

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do you calculate the total sticker price?

Multiply the base price by the number of options

Add only the base price and taxes

Subtract the destination charge from the base price

Add the base price, options, and destination charge

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