First-Time Car-Buying Test
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Why is it a bad idea to buy a car on your first visit to the dealership? Pick the most correct answer.
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Some dealers imply you “have to” finance your vehicle at the dealership. Is this true? Pick the most correct answer:
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When are you a subprime borrower?
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Buying a car in the sale is always cheaper.
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What is typically a good (FICO) credit score?
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What is the most expensive mistake many buyers make?
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What is a possible reason a car salesman wants a down payment? Choose the best answer
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Which step or steps should you take before buying a car online? Please check the most correct answer.
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Which of these factors would probably improve your credit score?
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When you have a good credit score, you are credit-worthy. What does this really mean? Pick the most correct answer. This is an indication of how likely you are….
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The price of the car isn’t normally where dealers make the most money. Many will sell you a car for cost, but make thousands on add-ons and protection plans.
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At a dealership, should you negotiate from the “asking price” of a vehicle, or the “sticker price”?
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Place these three steps in chronological order for a successful transaction:
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If I have trouble paying my bills, what should I do? Pick the correct most answer.
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What is the max percentage you should owe on your credit limit?
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