Car buying do’s & don’ts

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If you think you’ve mastered the material in this chapter, take our quiz. After you click the ”submit” button, the answers will appear below.

  1. True or false: Leasing a car might be ideal if you want the latest model, plan to maintain it and will put between 20,000 and 25,000 miles a year on the car.

    True
    False
  2. You can improve your FICO score by:

    Closing all credit card accounts
    Closing old credit card accounts
    Applying for new credit
    Keeping old accounts with which you have a good payment history
  3. Some vehicles make a smarter fit for certain people. Which car purchase might not be the best match?

    A sports car for a teenager
    A compact car for a senior citizen
    A six-cylinder car for a freeway driver
    A hybrid for a city driver