Can you snag a deal on a car this Fourth of July?

Can you snag a deal on a car this Fourth of July?

Assessment

Interactive Video

Business, Architecture

University

Hard

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The video discusses the current trends in the car market, highlighting the increased availability of new cars and the impact of a recent cyber attack on dealers. It offers strategies for buying cars, emphasizing the importance of considering factors beyond price, such as financing and warranties. The video advises buyers to be flexible with car features and to expand their search area. Despite incentives, car prices remain high, with the average new car costing over $48,000.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent event affected car dealers' sales opportunities?

A new competitor entering the market

A natural disaster

A change in government policy

A cyber attack on software providers

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When visiting a car dealership, what should consumers focus on besides the price?

The color of the car

The dealership's location

Financing and warranties

The salesperson's experience

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to consider factors other than price when buying a car?

To get the best parking spot at the dealership

To impress the salesperson

To avoid unexpected costs over the car's life cycle

To ensure the car is the right color

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy is suggested for finding a better car deal?

Only shop at local dealerships

Be flexible with car features and search outside your area

Focus solely on the car's brand

Wait for winter sales

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the average price of a new car in May?

$55,000

$48,000

$40,000

$30,000