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Vehicle Price
Operating Costs
Buy/Lease
Insurance
Miscellaneous
100
The averaged fee for transporting all vehicles of a particular type to all dealerships.
What is the destination charge?
100
The vehicle operating costs that do not change from month-to-month.
What are fixed costs?
100
The type of lease that allows me the option to puchase the vehicle at the end of the lease contract.
What is an open-ended lease?
100
10/20/10
What is the Louisiana minimum liability insurance?
100
The name given to using a vehicle on a short-term basis.
What is renting a vehicle?
200
The words forming the acronym MSRP.
What is Manufacturer's Suggested Retail Price?
200
The most significant variable operating expense.
What is gasoline cost?
200
The predetermined value of an automobile in a lease contract.
What is residual, or future, value?
200
The insurance coverage for property loss.
What does the third number represent?
200
The leading cause of death among 13-19-year-old males and females in the United States.
What is motor vehicle accidents?
300
The price I would expect to receive for trading-in my used auto.
What is Clean Tradi-In Value?
300
Accounts for half of the price of gasoline at the pump.
What is the Strategic Petroleum Reserve?
300
Leads to vehicle ownership when the initial contract is paid.
What is buying a vehicle?
300
Because statistically they cause more accidents than females of the same age.
Why does insurance cost more for teenage males?
300
The acronym for the Organization of Petroleum Exporting Countries.
What is OPEC?
400
The price I would advertise to sell a used vehicle.
What is Clean Retail Value?
400
The typical time of year when demand for gas spikes.
What is summer?
400
The form of vehicle purchase that doesn't allow me to modify my vehicle.
What is leasing a vehicle?
400
The type of insurance that repairs my vehicle when involved in an accident.
What is collision?
400
The guide published monthly to give the average price for used vehicles.
What is NADA guide?
500
Included in the sticker price.
What is base price, options, and destination charge?
500
The name given to the decrease in value from year-t-year of my vehicle.
What is vehicle depreciation?
500
The type of lease that sets a limit on the number of miles you may drive per year.
What is closed-end lease?
500
The type of insurance that repairs my vehicle when damaged by "Acts of God".
What is Comprehensive?
500
Gasoline, oil changes, maintenance, new tires.
What are examples of variable costs?