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Buying a Car Terms

Total questions: 13

Worksheet time: 26mins

Name
Class
Date
1.

sum of costs in order to purchase, operate, and maintain a vehicle

a)

lease

b)

downpayment

c)

total cost of ownership (TCO)

d)

seller

2.

a car that is unsatisfactory or has defects. a buyer often does not know about the defects.

a)

trim

b)

lemon

c)

horsepower

d)

warranty

3.

different versions of the same car that include or do not include specific features

a)

total cost of ownership (TCO)

b)

insurance

c)

trim

d)

warranty

4.

the power the engine makes is compared to the power of a horse. the more power, the faster your car can accelerate or the heavier the weight it can carry.

a)

horsepower

b)

trade-in

c)

lemon

d)

MSRP

5.

if you are willing to give your car to the dealer in exchange for a new car, you can often get a better price

a)

lease

b)

VIN

c)

warranty

d)

trade-in

6.

manufacturer's suggested retail price. price that car builders say the car should be sold at.

a)

downpayment

b)

MSRP

c)

MPG

d)

total cost of ownership (TCO)

7.

a long term rental of a car. you need to pay monthly payments for the vehicle and it must be returned at the end of the contract.

a)

seller

b)

lemon

c)

lease

d)

downpayment

8.

most people cannot afford to pay for a new car in one day. you pay the cost over time, but sellers require a certain amount of money the day you buy it.

a)

downpayment

b)

VIN

c)

insurance

d)

seller

9.

the person/company that is selling the car. this could be a person or a dealership.

a)

seller

b)

total cost of ownership (TCO)

c)

MPG

d)

warranty

10.

miles per gallon - the amount of miles (distance) a car can drive on one gallon of gasoline or fuel

a)

MPG

b)

warranty

c)

trade-in

d)

MSRP

11.

there is a manufacturer's warranty and an extended warranty. the dealer will cover SPECIFIC issues with the car even after you buy it. they will pay for some issues for a certain amount of time

a)

warranty

b)

VIN

c)

horsepower (HP)

d)

downpayment

12.

vehicle identification number. every single car ever made has its own.

a)

VIN

b)

lemon

c)

trade-in

d)

trim

13.

every car and driver must have car insurance to legally drive in Illinois. driving without this or getting into an accident without this can be EXTREMELY costly.

a)

insurance

b)

MSRP

c)

lease

d)

downpayment