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PF 6.02
Test Description: 6.02 questions
Instructions: Answer all questions to get your test result.
1) A disadvantage of this mode of transportation is that costs are higher than other modes.
A
Carpooling
B
Public transit
C
Bicycling
D
Taxicabs
2) Nicole is listing features she wants and needs in her new car. Which step in meeting transportation needs is this?
A
Obtain automobile insurance
B
List transportation options
C
Do the research
D
Set priorities
3) Nate is comparing motorcycles and services available at a small local dealership with those in a much larger city dealership. Which type of research for a vehicle purchase is this
A
Researching options for financing
B
Researching used vs. new vehicles
C
Researching prices
D
Researching where to buy
4) An advantage for a first-time buyer of buying a used car instead of a new one is that used cars:
A
are more likely to be affordable for younger buyers.
B
are less likely to need repairs and replacements.
C
may have been involved in prior accidents.
D
decrease in value more quickly than new cars.
5) Sally bought her new car from a dealer that represented Ford manufacturers. Which is MOST LIKELY true of Sally’s new car?
A
Will only be available for leasing, not buying
B
Was bought from a traditional dealership
C
Will not have a warranty
D
Was bought on Internet auction
6) When researching makes and models of trucks, Andy checked trucks for headroom, legroom, and seating. Which factor to consider when buying vehicles is this?
A
Power and performance
B
Reliability
C
Fuel economy
D
Comfort and convenience
7) Joey discovered that features like leather seats, sun roof and special rims are available on new cars at an extra cost. Which type of pricing is this?
A
Options and options packages
B
Invoice price
C
Book value
D
Base price
8) Brad needs to find an installment loan where his monthly payments will be as low as possible. One condition of this is having:
A
to obtain financing from the a dealership.
B
a longer term to repay the loan.
C
to lease, rather than buy, a vehicle.
D
to obtain financing from a bank.
9) When Blake’s car slid on ice off the road into a tree, his insurance paid for the injuries to his passenger. Which type of insurance is this?
A
Liability
B
Comprehensive physical damage
C
Collision
D
Medical
10) What is liability insurance?
A
Covers when liable or responsible for an accident where others are injured or killed
B
Pays for loss or damages to insured person’s care due to accident
C
The cost for insurance coverage for the term of the insurance policy
D
Pays for loss or damage not resulting from a collision---e.g., fire, theft, falling objects
*select an answer for all questions
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