WorksheetsVehicle Loan Info!
Total questions: 11
Worksheet time: 11mins
True or false, the following list are variable expenses when owning and operating a vehicle.
Gas, oil, tires, maintenance and repairs, accidents, parking and tolls, and tickets
True
False
Warranty is defined as?
What is it called when there is no warranty offered for your car?
Dealer Warranty
Manufacturer's Warranty
Choice Warranty
As-is
Which place would be considered better to buy a car from?
Dealership
Website/ Online platforms
Auction
Private sale
Define trade-in value.
True or False. The following is a list of advantages to buying a used car.
Reliability, no warranty, increased rates, limited choice
True
False
MSRP means...
The price you pay
The price the dealership sells the car for
The suggested price from the manufacturer
How much the dealership can reduce the price of the car
Reports what people are really paying for a vehicle
Kelly Blue Book Value
New Car Blue Book
Select all that apply. Which are points of interest to keep in mind when looking for a car loan?
APR
Length of Loan
Monthly Payment
Total Interest
Total Amount Repaid
How many required types of vehicle insurance are there for PA?
1
2
3
4
Select the required types of vehicle insurance
Medical benefit
Income Loss
Uninsured Motorist
Property Damage
Limited/Full Tort
