Insurance that pays for damage you cause to another person's vehicle
Unit 6 Buying a CAr

Quiz
•
Mathematics
•
12th Grade
•
Hard
Jigna Mehta
FREE Resource
27 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Insurance coverage that pays for losses that are out of your control (weather related, fire, hitting an animal, etc.)
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Having a lower APR could mean that your...
monthly car payment is lower
interest paid is higher
car loan will be over a longer period of time
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You're likely to save more money in the long run if you...
Buy a used car
Lease a car
Buy a new car
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A reduction in the value of an asset over time is called
appreciation
depreciation
inflation
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Most people cannot afford to pay for a new car in one day. Instead, people pay the cost over time, but sellers require a certain amount of money the day you buy it. This is called what?
downpayment
VIN
insurance
lease
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which type of auto insurance is required by law in most states?
liability
collision
comprehensive
personal Injury
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