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

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Presentation on theme: "Qualifying for a loan before you need it is called _______. Pre-Approval."— Presentation transcript:

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

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

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

4 Loss in value of a vehicle is called _________. Depreciation

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

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

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

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

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

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

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

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

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

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

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

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

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

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

19 Vehicle emission test are ______ in many states. Required

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

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

22 Does leasing provide you with a quicker purchase? No

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

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

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


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