Qualifying for a loan before you need it is called _______. Pre-Approval.

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Presentation transcript:

Qualifying for a loan before you need it is called _______. Pre-Approval

A source on line to check the history of a used vehicle CARFAX

The suggested retail price of a new car with its optional equipment is called ________. Sticker Price

Loss in value of a vehicle is called _________. Depreciation

In most cases, the ____ will be the best source of a low-cost car loan. Credit Union

High priced, high profit dealer services that add little or no value to a car is called ______. Dealer Add-ons

The single greatest cost of a new car ownership is ________. Depreciation

It is important to take care of your car to maintain its ______ value. Resale

As your car gets older, maintenance and repair costs usually ______. Go up

What is the name of the sticker price that the FTC requires dealers to place on all used cars? Buyer’s Guide

Purchasing a car is one of the most important _______ decisions you can make. Financial

Name a factor to consider when choosing between a new and a used car. Cost Depreciation Repairs

Rustproofing, extra polish, and other dealer ______ usually are not good deals for a new car. Add-ons

It is important to obtain credit ________ before visiting automobile dealers. Approval

Not all auto manufacturers offer leasing, so if you are interested, you will need to find a participating _______. Dealer

Saving money for car repairs should be part of you monthly ________. Budget

When buying a car, you should do so quickly or slowly? Slowly

Title registration fees and sales taxes occur only at the time a car is __________. Purchased

Vehicle emission test are ______ in many states. Required

A lot of car-purchase information can be found on _________. Websites

When making a offer on a car, should you let the seller know that you love and want the car? No

Does leasing provide you with a quicker purchase? No

________ recommend never purchasing a car on the first visit to a dealership. Experts

________ _______ contains articles about car models, repair records, and safety features of cars. Consumer Reports

__________ is the best place to look for a good car loan. Credit Union