Free Printable Chapter 9 Quiz (9-1 through 9-4)

1.

Janet Smith is shopping for a new sport utility vehicle. A portion of the sticker for an SUV is shown below. What is the sticker price?
SUV Base Price $28,150
Optional Equipment Description Anti-Lock Brakes (ABS) $900
Automatic Transmission (ATO) $630
Deluxe CD/Radio $1,420
Destination Charge $699

a)

$28,150

b)

$31,300

c)

$31,799

d)

$33,849

2.

Palmer Mercedes wants to buy a new sport hatchback. The base price for the car is $26,970 and the destination charge is $600. The option package, including a 12-disc CD changer for his trunk, costs $2,440. What is the sticker price?

a)

$27,570

b)

$28,110

c)

$30,010

d)

$30,550

3.

Car dealer Aakar Singh pays 89% for a car that has a base price of $23,998. He pays 87% of its $3,425 options price and a $460 destination charge. What is the dealer’s cost?

a)

$21,358.22

b)

$21,818.22

c)

$24,337.97

d)

$24,797.97

4.

Jian Lee researched the dealer’s cost of a new car he wanted to purchase. He found that the dealer’s base cost was $23,450.50 and the dealer’s cost for the options he wanted was $2,300.75. The dealer would pass the $650 destination charge on to the consumer. If the percent of dealer’s cost is 84% and the percent of dealer’s cost of options is 88%, find the car’s sticker price.

a)

$30,513.57

b)

$30,531.75

c)

$22,373.08

d)

$33,450.21

5.

Paula Brock wants to purchase a four-year-old V6 sedan 4-door, which is advertised at $11,925. The car has no air-conditioning and no power seats. It has been driven 49,000 miles. The used-vehicle guide does not indicate any adjustment for this car’s mileage. What is the average retail price for this vehicle?

Four-Year-Old Vehicles Average Retail

Value V6 Sedan 4-Door $11,925

Value V8 Sedan 4-Door $13,925

Deduct with no Air-Conditioning $800

Deduct with no Power Seats $150

Add Aluminum/Alloy Wheels $200

Add Compact Disc Player $100

Add Leather Seats $350

Add Theft Recovery System $50

a)

$12,975

b)

$11,675

c)

$10,908

d)

$10,975

6.

Nate Shermach found a two-year-old luxury car advertised for $31,175. Its average retail value is $30,850. It has aluminum alloy wheels valued at $300 and a theft recovery system valued at $75, but it does not include a CD player, which is valued at $100. The car has been driven 47,005 miles. The used-vehicle guide indicates that if the car’s mileage is between 46,000 and 51,000 miles, $700 should be deducted. What is the average retail price for this vehicle?

a)

$30,164

b)

$30,425

c)

$31,098

d)

$32,874

7.

Use Figure 9.2. Ivan Cabrerra’s insurance policy includes 50/100 bodily injury limits and $50,000 property damage. Her vehicle is in age group B and insurance rating group 13. She has a $50 deductible comprehensive and $50 deductible collision insurance. Miller’s driver-rating factor is 2.2. What is her annual premium?

a)

$790

b)

$895

c)

$1,512

d)

$1,617

8.

Use Figure 9.2. Kevin Mahan is the principal operator of his vehicle. His driver-rating factor is 1.8 and his car is in age group C and insurance-rating group 10. The coverage he wants to purchase is 50/100 bodily injury and $25,000 for property damage. He would also like to have $50 deductible for both comprehensive and collision. What is his annual premium?

a)

$1,023.30

b)

$1,056.60

c)

$1,090.70

d)

$1,230.50

9.

The _________ _______ is the price of the vehicle's engine, chassis, and any other standard equipment for a particular model

a)

base price

b)

dealer's cost

c)

destination charge

d)

options

10.

_____________ insurance is the insurance protection from losses due to fire, vandalism, theft, and other causes

a)

liability

b)

collision

c)

comprehensive

d)

lease

11.

The ______ ________ is the price actually paid for a vehicle by a dealer, usually expressed as a percent and is not negotiated

a)

sticker price

b)

base price

c)

dealer's cost

d)

destination charge

12.

The _______ ________ is the total price of the vehicle, including the base price, options, and destination charge.

a)

sticker price

b)

base price

c)

dealer's cost

d)

retail cost

13.

_________ _________ _______are published monthly and give the average prices for vehicles that were purchased from dealers during the previous month

a)

used-vehicle guides

b)

sticker price

c)

car show

d)

Kelly Blue Book

14.

__________ insurance is the insurance that pays to repair a vehicle if it's involved in an accident

a)

collision

b)

comprehensive

c)

liability

d)

full coverage

15.

_________ insurance is financial protection against accidents that cause bodily injury and property damage.

a)

comprehensive

b)

liability

c)

collision

d)

life

Chapter 9 Quiz (9-1 through 9-4)

Total questions: 15

Worksheet time: 54mins

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