Think You’re An Expert In The Car Buying. Business? Take This Quiz Now To Find Out.
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ATL LIST IT CARS Quiz: Are You a Car Buying Pro?”
Introduction: Are you ready to put your car buying expertise to the test? ATL LIST IT CARS has crafted a quiz to challenge your knowledge of the ins and outs of the car buying business. Answer these questions to discover if you truly are a car buying pro or if there’s more to learn on the road to automotive mastery!
Question 1: Research Road
- What is the importance of researching the fair market value of a car before buying? a) It’s irrelevant b) Helps you negotiate a fair price c) Only needed for used cars
Question 2: Negotiation Know-How 2. When negotiating the price of a car, what should you focus on besides the total cost? a) Monthly payments only b) Interest rates c) The overall cost, including fees and extras
Question 3: Inspection Insights 3. Why is a pre-purchase inspection important when buying a used car? a) It’s optional b) Ensures the car looks good c) Reveals potential issues or hidden problems
Question 4: Timing Tactics 4. When is generally considered the best time to negotiate the price of a new car? a) Anytime during the day b) End of the month or quarter c) Only on weekends
Question 5: Financing Fundamentals 5. What does APR stand for in the context of car financing? a) Annual Percentage Rate b) Auto Price Reduction c) Advanced Purchase Rebate
Question 6: True or False 6. True or False: Certified Pre-Owned (CPO) cars typically undergo a thorough inspection and come with extended warranties.
Question 7: Community Connections 7. Where might you find car listings from private sellers within your local community? a) Only at dealerships b) Online marketplaces c) Nowhere, it’s not a common practice
Question 8: Manufacturer Incentives 8. What are some examples of manufacturer incentives for new car buyers? a) Discounts, rebates, and low-interest financing b) Gas vouchers only c) Free car washes for a year
Question 9: Test Drive Tips 9. During a test drive, what should you pay attention to? a) Only the color of the car b) Overall comfort and driving experience c) Just the engine sound
Question 10: Auction Awareness 10. What is a potential advantage of buying a car at an auction? a) Higher prices b) Limited vehicle options c) Competitive pricing and unique finds
Scoring:
- 8-10 correct: Congratulations! You’re a Car Buying Pro!
- 5-7 correct: You’re on the right track but room for improvement.
- 0-4 correct: No worries! Time to brush up on your car buying knowledge with ATL LIST IT CARS.
Remember, the journey to car buying expertise is ongoing, and ATL LIST IT CARS is here to guide you every step of the way!
Here are the correct answers for the ATL LIST IT CARS Quiz:
Question 1: Research Road Answer: b) Helps you negotiate a fair price
Question 2: Negotiation Know-How Answer: c) The overall cost, including fees and extras
Question 3: Inspection Insights Answer: c) Reveals potential issues or hidden problems
Question 4: Timing Tactics Answer: b) End of the month or quarter
Question 5: Financing Fundamentals Answer: a) Annual Percentage Rate
Question 6: True or False Answer: True
Question 7: Community Connections Answer: b) Online marketplaces
Question 8: Manufacturer Incentives Answer: a) Discounts, rebates, and low-interest financing
Question 9: Test Drive Tips Answer: b) Overall comfort and driving experience
Question 10: Auction Awareness Answer: c) Competitive pricing and unique finds
Feel free to compare your responses to these answers and see how well you did in the quiz!
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