Unit 6 Buying a CAr

Unit 6 Buying a CAr

12th Grade

27 Qs

quiz-placeholder

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Unit 6 Buying a CAr

Unit 6 Buying a CAr

Assessment

Quiz

Mathematics

12th Grade

Hard

Created by

Jigna Mehta

FREE Resource

27 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Insurance that pays for damage you cause to another person's vehicle

collision
liability

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.)

collision
comprehensive
liability

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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