a. When a seller poses as a private party but actually is a web C. Salvage titles can be legally and safely retuned to the road to repaired and rebuild to a required standard-a new titles d. Means if the damage to a car equals or exceeds its deprecated f. A discount given by a car dealer when you trade your old car for sent Matching. Match the correct answer and enter the letter on the line provided. Class Period Assessment 1. Automobile Insurance 2. Title Transfer Fee b. The Manufacturer's suggested retail price of a new car 3. Totaled 4. Curbstoning 5. VIN Fraud 6. Trade-in Allowance 7. Sales Tax e. Calculated as a percentage of the final sales price of a car purchase 8. Rebuilt Title 9. Sticker Price 10. MSRP & Used by criminals to hide stolen cars by giving the vehicle identification number of a legally registered car. h. The suggested price for a car at a dealership. i. paid to transfer the title of a car to the new owner or lender's name. j is required by law in each stat and a requirement of your car loan. 11. 12. 13. 14. 15. Answer the following True False Title washing is when two wrecked cars are sawed in half and then welded together. True False Collision insurance provides protection to replace/repair your car regardless of who is at fault. True False Every year used car buyers lose over $1 billion to odometer fraud. True False A new car depreciates less per year 12 an older used car. True False if you buy a flood damaged car, it can be a costly mistake. 16. Star Light has negotiated the purchase of a used car, and a trade-in on her old car with a local car dealer. She has agreed to a negotiated price of $10,200, and she has accepted $975 for her old car. Star is required to pay 7.1% sales tax, and a $27 title transfer fee. a. What is the final sale price of the car after the trade-in? b. What is the sales tax? c. What is the total price of the car including trade-in, taxes and fees? 17. Along wth her trade-in, Star has made a cash down payment and will finance the remaining. 59,500. She is considering a three-year or a five-year car loan. APR on a three-year loan is 5.1%, and APR on a five-year loan is 4.5%. Monthly payments on a three-year loan would be $307.78, and monthly payments on a five-year loan would be $197.25. Determine how much more interest Rebecca will pay for a five-year car loan than a three-year car loan. a. Calculate total paid for 3 years. b. Calculate total paid for 5 years. c. Calculate the difference. all (Revised for TpT) - Arvada, co