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100
What tells you how to operate controls and car for your car?
What is owner's manual
100
To get the best price for your old car, should you trade it in to the dealer or sell it outright?
What is sell it outright
100
When buying a new car, you want to stay as close as possible to the __________ price.
What is invoice
100
T/F A used car is almost always more reliable than a new car.
What is False
100
T/F: The type of vehicle that is right for you depends on how you plan to use it and how much you can afford to pay.
What is True
200
The amount the dealer paid to buy the car from the manufacturer is the __________ price
What is invoice
200
A car's mileage is indicated on its _____________.
What is odometer
200
Things that you can choose to include or not include on a car at extra cost are called _______________.
What is Options
200
A new car that has many major problems that have not been fixed after many attempts by a dealer is known as a __________.
What is lemon
200
A metal measuring stick for checking fluid levels in a car is called the ______________.
What is dipstick
300
A fair price for a car lies between the ____________ and _________ price.
What is sticker (MSRP) and invoice
300
T/F: When buying a used car, there is not need to have a mechanic check it.
What is False
300
A timetable for checking systems and replacing parts on a new car is called the _________________.
What is maintenance schedule
300
For an extra $1,000, Shelly can purchase additional warranty coverage for her new vehicle. This additional coverage is known as an ___________________.
What is extended warranty
300
You should spend no more than ________ percent of your take-home pay on a car payment.
What is 20%
400
After negotiating a price for her new car, Tori will go to the _____________________ Office to complete the paperwork for the purchase and financing.
What is Finance & Insurance Office
400
Gary's car hasn't performed well in the past week. He takes it to the repair shop and later that day the repair shop describes in writing the services it will perform and the price for the labor and parts it needs to fix Gary's car. This document is known as an __________.
What is estimate
400
What is gap insurance
What is pays the difference between what you owe and what your car is worth if it is totaled in an accident
400
Billy has been leasing a car from a local dealership. At the end of his three-year lease agreement, he will pay a fee that will cover the cost of getting the car ready to sell or lease to someone else. This fee is known as the ____________.
What is disposition fee
400
When you buy a new car, where do you go to complete all of the paperwork?
What is Finance & Insurance Office (F & I Office)
500
When Erica was talking with a car salesperson about a lease agreement, she learned she would have to make an intiial payment to cover the cost of setting up the lease. This fee also included a security deposit that is refundable at the end of the lease. This fee is known as an
What is acquisition fee
500
Six months ago, Regina purchased a new vehicle from a local car dealership. After just two weeks, she had the car towed to the dealership because of electrical problems. In addition, the cooling system malfunctioned; a computer problem kept her car in the dealer's repair shop for another 35 days. Even now the car does not operate properly. Because all of the problems occurred during the car's warranty period, Regina's car is defined as a ___________.
What is lemon
500
At the end of the lease period on her car, Kelly will take the vehicle to the dealership. Among other things, the dealer will check the number of miles she has driven. How will the dealership measure the miles she traveled while leasing the vehicle?
What is odometer
500
Rust proofing, paint sealers, and stain-resistant upholstery fabric are all examples of dealer ______________.
What is add-ons
500
If the invoice price of a vehicle is $22,500, how would you figure out what a reasonable market value would be for the car?
What is add around 3%
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