The sticker price on a new car is typically the final sales price. True False D2 One can lower monthly auto payments by shortening the repayment period on the loan. False True D3 From simply a financial perspective the best way to buy vehicles is to buy buy one or two year-old used cars and drive them for five or more years. a new car every three years buy five to seven year-old used cars. buy one or two year-old used cars and sell them within two years. 4. Which of the following is not true regarding service contracts on new cars? They are very profitable for the seller. Often there is a deductible that must be paid each year the contract is in force. They may cost $700 or more. Repairs are usually covered and may include preventive maintenance for covered