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Ch 2 Auto Upkeep

Total questions: 15

Worksheet time: 4hrs 45mins

Name
Class
Date
1.

A realistic interest rate on an automobile loan is ________%

a)

8

b)

24

c)

48

d)

64

2.

Which of the following is not a common place to purchase an automobile?

a)

car dealerships

b)

world wide web

c)

farmer's market

d)

private parties

3.

The MSRP is commonly called the _____________?

a)

dealer cost

b)

dealer invoice

c)

factory holdback

d)

sticker price

4.

if you do not have any credit or are under 18, you may need to have someone _____________ the loan with you.

a)

pay on

b)

co-sign

c)

read

d)

negotiate

5.

If you earn $9 an hour and work 30 hours, what would be you gross income in one week?

a)

$230

b)

$270

c)

$300

d)

$330

6.

If you do not know about a particular business you can check with the ____________________.

a)

mayor

b)

Insurance Institute for Highway Safety

c)

Better Business Bureau

d)

consumer reporting companies for credit

7.

Dealer Cost =

a)

Dealer Invoice - Factory Holdback - Factory to Dealer Incentives

b)

Dealer Invoice + Factory Holdback + Factory to Dealer Incentives

c)

Dealer Invoice x Factory Holdback x Factory to Dealer Incentives

d)

(Dealer Invoice/Factory Holdback) - Factory to Dealer Incentives

8.

Which of the following is NOT one of the consumer reporting companies?

a)

TransUnion

b)

Equifax

c)

Experian

d)

MyCredit

9.

What type of sticker may list dealer installed items like fabric protection and paint sealant?

a)

dealer addendum sticker

b)

Monroney sticker

c)

part content sticker

d)

economy sticker

10.

What type of label includes greenhouse gas and smog ratings?

a)

dealer addendum label

b)

Monroney label

c)

fuel economy and environment label

d)

pollution label

11.

The __________________ is an independent non-profit organization (funded by auto insurance companies) that conducts tests to reduce injuries, deaths, and property damage from crashes.

a)

National Motor Vehicle Title Information System

b)

Insurance Institute for Highway Safety

c)

National Highway Traffic Safety Administration

d)

U.S. Department of Energy

12.

The __________________ is a governmental agency in the United States that uses a 5-star rating system to evaluate vehicles.

a)

National Motor Vehicle Title Information System

b)

Insurance Institute for Highway Safety

c)

National Highway Traffic Safety Administration

d)

U.S. Department of Energy

13.

The __________________ helps you connect with approved data providers to view a used car's history.

a)

National Motor Vehicle Title Information System

b)

Insurance Institute for Highway Safety

c)

National Highway Traffic Safety Administration

d)

U.S. Department of Energy

14.

What is located in the lower right corner of the fuel economy and environmental label that allows you to scan it with a smartphone to access more online information?

a)

DR Code

b)

CR Code

c)

ZR Code

d)

QR Code

15.

Which of the following is NOT a type of vehicle listed in the upper right hand corner of the fuel economy and environment label?

a)

gasoline vehicle

b)

diesel vehicle

c)

self-propelled vehicle

d)

electric vehicle