Transportation and Housing

The manufacturer's suggest retail price listed on a sticker in a new car's window is the

• MSRP

• Odometer

• Sticker

• Option

A timetable for checking systems and replacing parts on a new car is the

• fluid gage

• maintenance schedule

• tire schedule

• none of these

A car's mileage is indicated on its

• dipstick

• odometer

• rebate

• none of these

An arrangement to share private transportation is called

• leasing

• renting

• carpooling

• uber

What is the second most expensive purchase for most consumers?

• Automobile

• Home

• Refrigerator

• Retirement

1. Some new cars have defects. If the defect remains unfixed after four repair attempts or the vehicle remains in the repair shop for a total of 30 days, it would qualify as a:

• Lessoned learned

• Lemon

• Reason to buy used cars instead

• Reason to change dealership

Characteristics of a new vehicle include:

• Pre Owned

• Warranty

• Less Expensive

• Less initial depreciation

Which of the following is a step in planned buying?

• Pre-shopping research

• Fitting the budget

• Evaluating the decision

• All are correct

The purchase cost of an automobile includes the

• Interest plus the loan amount

• down payment minus the loan amount

• down payment, trade in value and total loan amount

• negotiated price plus interest

What resource was used to help find the value of your current vehicle or used to make sure the purchase price was fair

• Kelley Blue Book

• Kelley Red Book

• Kars Buying Book

• Kars Blue Book