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WorksheetsCar Buying Vocabulary
Total questions: 12
Worksheet time: 7mins
Pre-Owned
New car never owned before
certified car
any vehicle previously own by an individual
Wholesale Value
The whole value of a car
The sale value of a car
The value a dealer pays for a car
Net Income
Income before any taxes or deductions are taken
The amount you make per hour
take home income
income after all taxes and deductions are taken out
certified-pre owned
A old car
Per owned car that has cleared an inspection and serviced by a manufacture dealer
A new car
Loan Value
The total amount a lender will loan on a car
The sales price of the car
The interest paid on the loan
GAP insurance
Insurance on Clothes purchased online
Total loss protection insurance. It covers the difference car insurance will not cover when a vehicle is totaled
Insurance to cover a broken windshield
Term
How many months you will make payments on a loan
The amount of money you pay back each month on your loan
The amount of money you borrowed
The options on a car affect the price of a car
True
False
Interest
The percentage amount the paid to the lender each month for loaning you money
The car you buy
the boy/girl you like
Simple Interest Loan
Payday Loan
Loan under $1000
A loan where interest is calculated each month on the principle
Principle (loan)
Mr. Kilpatrick
The amount of money borrowed from the bank
A financial Advisor
What color was George Washington's white horse?
(a)
