For questions 1-10, fill in the blank with the letter or term that best matches the description.
a. used car cost, b. wholesale value, c. kelley blue book, d. lease, e. depreciation, f. reliability, g. equity, h. bumper-to-bumper warranty, i. insurance premiums, j. sticker price.
1. a long-term rental
2. a guarantee which covers the entire car, with few (if any) exceptions.
3. the amount or percentage by which something decreases in value over time.
4. the value of a piece of property over and above any mortgage or other liabilities relating to it. ownership right in property.
5. the payment made to obtain insurance.
6. able to be trusted with financial responsibility; high likelihood of paying back debt.
7. the retail valve of something; the price that something is advertised as costing.
8. the cost of something when bought directly from the manufacturer.
9. wholesale value minus depreciation, plus taxes , registration and licensing fees.
10. online resource for car pricing.

1.  A long-term rental - d. lease. As far as I remember a lease is a contract which defines the terms under which one one side agrees to rent property owned by another another side.

2. A guarantee which covers the entire car, with few (if any) exceptions. - h. Bumper–to–bumper warranty. When you buy new car it is the most comprehensive warranty available for you. It's also called wrap-around warranty.

3. The amount or percentage by which something decreases in value over time - e. Depreciation. It's true definition of depreciation like it's written in books.

4. The value of a piece of property, over and above any mortgage or other liabilities relating to it. Ownership right in property - g. Equity. Home equity is the part of your property value that you really own.  

5. The payment made to obtain insurance - i. Insurance premiums. The amount of insurance premiums is defined by insurance contract. Usually it's monthly or yearly payment.

6. Able to be trusted with financial responsibility; high likelihood of paying back debt - f. Reliability. It's 100% correct definition of the term "reliability" like it's written in books. 

7. The retail value of something; the price that something is advertised as costing - j. Sticker price. As the previous one, it's truly correct definition of sticker price. It's a retail price of something.

8. The cost of something when bought directly from the manufacturer - b. Wholesale value. It's the price which DEALER would pay to manufacturer. It's much cheaper than sticker price.

9.  Wholesale value minus depreciation, plus taxes, registration and licensing fees - a. Used car cost. This a correct explanation of used car cost. There are also could be an insurance.

10. Online resource for car pricing - c. Kelley Blue Book. Just search the Internet and you'll find much more resources for car pricing.

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