Free CTFA Exam Braindumps (page: 46)

Page 46 of 113

Dealer invoice is the amount a dealer is billed by the car manufacturer.

  1. True
  2. False
  3. It depends
  4. There is no such invoice

Answer(s): A



APR is the same as the interest rate.

  1. True
  2. False
  3. It depends
  4. APR is not comparable with interest rate

Answer(s): B



Dealer holdback is an allowance:

  1. That manufacturer gives to the buyer
  2. That supplier gives to the buyer
  3. That wholesaler gives to the buyer
  4. None of these

Answer(s): D



Dealer charges include:

  1. Manufacturer warranty
  2. Retailer warranty
  3. Producer warranty
  4. None of these

Answer(s): D



Page 46 of 113



Post your Comments and Discuss ABA CTFA exam with other Community members:

JUAN commented on June 28, 2023
aba questions to practice
UNITED STATES
upvote

JUAN commented on June 28, 2023
aba questions to practice
UNITED STATES
upvote

Alo commented on November 12, 2018
we shall see, just downloaded. Will report back
Anonymous
upvote