Mini Car Unit Assessement

Front

Which question is NOT essential for Mason to ask when starting his car search?

• What are my needs?
• How much will it cost to maintain the car?
• What type of car do my friends drive?
• How long do I want to keep this car?

Back

What type of car do my friends drive?

Front

Which statement is TRUE about car types? Options: All cars meet the same needs, SUVs are ideal for drivers with 1 passenger occasionally, Luxury cars are best for tight budgets, Hybrid cars need less frequent refueling.

Back

Hybrid cars need less frequent refueling.

Front

When buying a car through a private-party sales platform, remember that...

Back

Ask many questions to ensure the offer is legitimate.

Front

Which of the following will NOT cause your car insurance to increase?

• Getting into a car accident
• Moving to a big city
• Buying a more expensive car
• Decreasing your yearly mileage

Back

Decreasing your yearly mileage

Front

Which statement about car depreciation is TRUE?

Back

Cars lose 10% of their value when driven off the lot.

Front

Which cost remains constant regardless of how much you drive? Options: Depreciation, Insurance premium, Fuel costs, Registration fees.

Back

Registration fees.

Front

What is an advantage of buying a used car?

Back

Used cars have better value as new cars depreciate faster.

Front

Who is likely to offer Jack the best auto loan terms with a subprime credit score? Options: Dealership, Bank, Credit Union, Online Lender

Back

Credit Union

Front

Which statement about certified pre-owned (CPO) cars is TRUE?

Back

CPO cars come with manufacturer warranties, while pre-owned cars may not.

Front

What is a key difference between leasing and buying a car?

Back

At the end of a lease, you return the car, but when you buy, you keep it.