Buying a Car Vocabulary
Presentation
•
Mathematics
•
11th - 12th Grade
•
Easy
+16
Standards-aligned
EvaLynn Woelfel
Used 48+ times
FREE Resource
19 Slides • 18 Questions
1
Buying a Car Vocabulary
2
Sticker price
The total cost of a new vehicle, including base price, options, and destination charge.
3
Multiple Choice
Sticker Price
Extra equipment on a vehicle for convenience, safety, or appearance which is not included in the base price.
The price of the engine, chassis, and any other standard equipment for a particular model, aka manufacturers suggested retail price.
The total cost of a new vehicle, including base price, options, and destination charge.
The price the dealer actually pays for a vehicle, usually expressed as a percent of the base price, plus a percent of the options price, plus the destination charge.
4
Base price
The price of the engine, chassis, and any other standard equipment for a particular model, aka manufacturers suggested retail price.
5
Multiple Choice
Base Price
The price the dealer actually pays for a vehicle, usually expressed as a percent of the base price, plus a percent of the options price, plus the destination charge.
Extra equipment on a vehicle for convenience, safety, or appearance which is not included in the base price.
The total cost of a new vehicle, including base price, options, and destination charge.
The price of the engine, chassis, and any other standard equipment for a particular model, aka manufacturers suggested retail price.
6
Options
Extra equipment on a vehicle for convenience, safety, or appearance which is not included in the base price.
7
Multiple Choice
Options
Extra equipment on a vehicle for convenience, safety, or appearance which is not included in the base price.
The price the dealer actually pays for a vehicle, usually expressed as a percent of the base price, plus a percent of the options price, plus the destination charge.
The price of the engine, chassis, and any other standard equipment for a particular model, aka manufacturers suggested retail price.
8
Destination charge
The cost of shipping a vehicle from the factory to the dealer.
9
Multiple Choice
Destination Charge
The total cost of a new vehicle, including base price, options, and destination charge.
Extra equipment on a vehicle for convenience, safety, or appearance which is not included in the base price.
The cost of shipping a vehicle from the factory to the dealer.
10
Dealer’s cost
The price the dealer actually pays for a vehicle, usually expressed as a percent of the base price, plus a percent of the options price, plus the destination charge.
11
Multiple Choice
Dealer's Cost
The total cost of a new vehicle, including base price, options, and destination charge.
The price of the engine, chassis, and any other standard equipment for a particular model, aka manufacturers suggested retail price.
The price the dealer actually pays for a vehicle, usually expressed as a percent of the base price, plus a percent of the options price, plus the destination charge.
12
Used-vehicle guide
Guides published that give the average prices for used vehicles that were purchased from dealers during the previous month.
13
Multiple Choice
Used Vehicle Guide
An agreement for the use of property, such as a building or vehicle, usually on an annual basis.
Provides financial protection to the policy holder against claims for bodily injury and property damage as a result of an accident.
Guides published that give the average prices for used vehicles that were purchased from dealers during the previous month.
A contract that allows you to lease a vehicle for a set period of time and have the option to purchase it at the end for the remainder of the balance.
14
Liability insurance
Provides financial protection to the policy holder against claims for bodily injury and property damage as a result of an accident.
15
Multiple Choice
Liability Insurance
Pays for damage to the insured vehicle caused by a collision with another motor vehicle or an object.
Provides financial protection to the policy holder against claims for bodily injury and property damage as a result of an accident.
Pays for damage to the insured vehicle from losses due to fire, vandalizm, theft, and almost any other cause, except collision.
The amount you pay each year for insurance coverage.
16
Collision insurance
Pays for damage to the insured vehicle caused by a collision with another motor vehicle or an object.
17
Multiple Choice
Collision Insurance
The amount you pay each year for insurance coverage.
Pays for damage to the insured vehicle from losses due to fire, vandalizm, theft, and almost any other cause, except collision.
Provides financial protection to the policy holder against claims for bodily injury and property damage as a result of an accident.
Pays for damage to the insured vehicle caused by a collision with another motor vehicle or an object.
18
Comprehensive insurance
Pays for damage to the insured vehicle from losses due to fire, vandalism, theft, and almost any other cause, except collision.
19
Multiple Choice
Comprehensive Insurance
Provides financial protection to the policy holder against claims for bodily injury and property damage as a result of an accident.
Pays for damage to the insured vehicle caused by a collision with another motor vehicle or an object.
Pays for damage to the insured vehicle from losses due to fire, vandalism, theft, and almost any other cause, except collision.
Costs that vary depending on use.
20
Deductible
The amount the insured has to pay before the insurance company will pay on a claim.
21
Multiple Choice
Deductible
Costs that vary depending on use.
The amount you pay each year for insurance coverage.
The amount the insured has to pay before the insurance company will pay on a claim.
Costs that stay the same and don’t vary.
22
Annual premium
The amount you pay each year for insurance coverage.
23
Multiple Choice
Annual Premium
The decrease in the value of your vehicle from one year to the next because of its age and condition.
The amount the insured has to pay before the insurance company will pay on a claim.
Costs that stay the same and don’t vary.
The amount you pay each year for insurance coverage.
24
Variable costs
Costs that vary depending on use.
25
Multiple Choice
Variable Costs
Agreeing to pay a set fee for the use of property, such as a vehicle or building, often on a daily, weekly, or monthly basis.
Costs that vary depending on use.
Costs that stay the same and don’t vary.
The decrease in the value of your vehicle from one year to the next because of its age and condition.
26
Fixed costs
Costs that stay the same and don’t vary.
27
Multiple Choice
Fixed Costs
Costs that stay the same and don’t vary.
Costs that vary depending on use.
The decrease in the value of your vehicle from one year to the next because of its age and condition.
28
Depreciation
The decrease in the value of your vehicle from one year to the next because of its age and condition.
29
Multiple Choice
Depreciation
Costs that stay the same and don’t vary.
Provides financial protection to the policy holder against claims for bodily injury and property damage as a result of an accident.
A contract that allows you to lease a vehicle for a set period of time and have the option to purchase it at the end for the remainder of the balance.
The decrease in the value of your vehicle from one year to the next because of its age and condition.
30
Lease
An agreement for the use of property, such as a building or vehicle, usually on an annual basis.
31
Multiple Choice
Lease
The decrease in the value of your vehicle from one year to the next because of its age and condition.
An agreement for the use of property, such as a building or vehicle, usually on an annual basis.
Agreeing to pay a set fee for the use of property, such as a vehicle or building, often on a daily, weekly, or monthly basis.
Costs that stay the same and don’t vary.
32
Closed-end lease
A contract that allows you to lease a vehicle for a set period of time.
33
Multiple Choice
Closed End Lease
A contract that allows you to lease a vehicle for a set period of time.
A contract that allows you to lease a vehicle for a set period of time and have the option to purchase it at the end for the remainder of the balance.
Agreeing to pay a set fee for the use of property, such as a vehicle or building, often on a daily, weekly, or monthly basis.
An agreement for the use of property, such as a building or vehicle, usually on an annual basis.
34
Open-end lease
A contract that allows you to lease a vehicle for a set period of time and have the option to purchase it at the end for the remainder of the balance.
35
Multiple Choice
Open End Lease
Agreeing to pay a set fee for the use of property, such as a vehicle or building, often on a daily, weekly, or monthly basis.
The amount you pay each year for insurance coverage.
A contract that allows you to lease a vehicle for a set period of time and have the option to purchase it at the end for the remainder of the balance.
A contract that allows you to lease a vehicle for a set period of time.
36
Rent
Agreeing to pay a set fee for the use of property, such as a vehicle or building, often on a daily, weekly, or monthly basis.
37
Multiple Choice
Rent
A contract that allows you to lease a vehicle for a set period of time and have the option to purchase it at the end for the remainder of the balance.
An agreement for the use of property, such as a building or vehicle, usually on an annual basis.
A contract that allows you to lease a vehicle for a set period of time.
Agreeing to pay a set fee for the use of property, such as a vehicle or building, often on a daily, weekly, or monthly basis.
Buying a Car Vocabulary
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