Buying A Car #2

Buying A Car #2

Assessment

Flashcard

Mathematics

12th Grade

Hard

Created by

Quizizz Content

FREE Resource

Student preview

quiz-placeholder

15 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is the total cost of ownership (TCO)?

Back

The sum of costs in order to purchase, operate, and maintain a vehicle.

2.

FLASHCARD QUESTION

Front

If a car costs $25,000 and the down payment is $3,750, what is the total amount to be financed?

Back

$21,250

3.

FLASHCARD QUESTION

Front

What is an advantage of buying a used car?

Back

The car is cheaper to purchase.

4.

FLASHCARD QUESTION

Front

What does 'liability' mean in the context of car insurance?

Back

Responsibility for others' losses in an accident you caused.

5.

FLASHCARD QUESTION

Front

What is required to legally drive a car?

Back

Insurance.

6.

FLASHCARD QUESTION

Front

What is a down payment?

Back

An initial payment made when something is bought on credit.

7.

FLASHCARD QUESTION

Front

What is MSRP?

Back

Manufacturer's Suggested Retail Price, the price recommended by the manufacturer.

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?