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

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

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

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

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

Pre-Approval

Page 2: 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

Page 3: Qualifying for a loan before you need it is called _______. Pre-Approval.

The suggested retail price of a new car with its optional

equipment is called ________.

Sticker Price

Page 4: Qualifying for a loan before you need it is called _______. Pre-Approval.

Loss in value of a vehicle is called _________.

Depreciation

Page 5: Qualifying for a loan before you need it is called _______. Pre-Approval.

In most cases, the ____ will be the best source of

a low-cost car loan.

Credit Union

Page 6: Qualifying for a loan before you need it is called _______. Pre-Approval.

High priced, high profit dealer services that add little or no

value to a car is called ______.

Dealer Add-ons

Page 7: Qualifying for a loan before you need it is called _______. Pre-Approval.

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

Depreciation

Page 8: Qualifying for a loan before you need it is called _______. Pre-Approval.

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

Resale

Page 9: Qualifying for a loan before you need it is called _______. Pre-Approval.

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

Go up

Page 10: Qualifying for a loan before you need it is called _______. Pre-Approval.

What is the name of the sticker price that the FTC requires dealers to place on all used

cars?

Buyer’s Guide

Page 11: Qualifying for a loan before you need it is called _______. Pre-Approval.

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

Financial

Page 12: Qualifying for a loan before you need it is called _______. Pre-Approval.

Name a factor to consider when choosing between a

new and a used car.

CostDepreciation

Repairs

Page 13: Qualifying for a loan before you need it is called _______. Pre-Approval.

Rustproofing, extra polish, and other dealer ______ usually are

not good deals for a new car.

Add-ons

Page 14: Qualifying for a loan before you need it is called _______. Pre-Approval.

It is important to obtain credit ________ before

visiting automobile dealers.

Approval

Page 15: Qualifying for a loan before you need it is called _______. Pre-Approval.

Not all auto manufacturers offer leasing, so if you are

interested, you will need to find a participating _______.

Dealer

Page 16: Qualifying for a loan before you need it is called _______. Pre-Approval.

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

Budget

Page 17: Qualifying for a loan before you need it is called _______. Pre-Approval.

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

Slowly

Page 18: Qualifying for a loan before you need it is called _______. Pre-Approval.

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

__________.

Purchased

Page 19: Qualifying for a loan before you need it is called _______. Pre-Approval.

Vehicle emission test are ______ in many states.

Required

Page 20: Qualifying for a loan before you need it is called _______. Pre-Approval.

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

Websites

Page 21: Qualifying for a loan before you need it is called _______. Pre-Approval.

When making a offer on a car, should you let the seller know

that you love and want the car?

No

Page 22: Qualifying for a loan before you need it is called _______. Pre-Approval.

Does leasing provide you with a quicker purchase?

No

Page 23: Qualifying for a loan before you need it is called _______. Pre-Approval.

________ recommend never purchasing a car on the first visit

to a dealership.

Experts

Page 24: Qualifying for a loan before you need it is called _______. Pre-Approval.

________ _______ contains articles about car models, repair

records, and safety features of cars.

Consumer Reports

Page 25: Qualifying for a loan before you need it is called _______. Pre-Approval.

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

Credit Union