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9 Cards in this Set
- Front
- Back
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This will allow you to borrow money to buy a car, but you will have to pay it back with interest over time:
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Loan
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This includes all the money you will have to pay to a lender beyond the amount you need to purchase the car:
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Finance charge
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This allows you to use a car for a specified period of time for a specified monthly payment:
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Lease
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With this type of insurance, if you are involved in an accident both parties will be covered by their own insurance policies:
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No-fault
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This number helps you compare loans:
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APR
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This type of insurance pays to fix damages that you cause, but does not cover your own car:
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Liability
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Which one of the following is not part of your automobile operating costs?
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Transaction fee
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When you are looking for a used car, this resource will help you best determine the value of a particular make and model:
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Kelly Blue Book
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A substantial one of these will keep you from going upside down on your loan, that is, owing more on your car than it is worth:
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Down payment
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