Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Don't know
remaining cards
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Buying Automobile

Federal Trade Commission Used Car Buying

What is one way to pay for the car? Pay in full
What is a second way to pay for the car? Finance over time
What does APR stand for? Annual Percentage Rate
How come financing includes paying more for the car then its' actual cost? Interests, other loan costs, cost of credit, finance charge
List the factors to consider when financing a car 1. How much you will put down 2. The montly paymnent or car note 3. The loan term 4. APR
True or False Rates are usually higher and loan periods shorter on used cars then on new ones.
Name a type of car sales business Franchise
Name a type of car sales business Independent dealers
Name a type of car sales business Rental car company
Name a type of car sales business Leasing company
Name a type of car sales business Car superstore
Name a type of car sales business online car sales
True Dealers are not required by law to give used car buyers a three day right to cancel.
Which organization requires dealers to post a Buyers Guide in every used car they offer for sale. Federal Trade Commission
What is FTC the abbreviation for? Federal Trade Commission
False Anyone who sells fewer than six cars a year still has to post a Buyer's Guide
False If the Buyers Guide says the car comes with a warranty and the sales contract says the car is sold "as is" the deal can choose to not give you the warranty.
As IS means.... No Warranty
Created by: Cyoung77