Session 11 Owning and Maintaining a Vehicle

What all is important when choosing your vehicle?

Safety ratings, fuel effiency, reliability, insurance cost, purchase price, overall condition.

When determining the cost of operating your vehicle what will be most expensive overtime?

Fuel (Gasoline) and regular maintenance condition

When ___ a vehicle you need to borrow money from the bank.

Financing

___ is the additional money you owe on your loan when financing a vehicle.

Interest

Checking Car Fax will be an important step to buying a __ vehicle.

Used

When looking at Used vehicles you should pay attention to what details?

Millege, vehicle service history, accident reports and any sign of physical wear or rust.

___ Laws govern ___ and vehicle ownership.

State, Insurance

In Ohio, all owner/operators of motor vehicles must carry a minimal amount of ___ insurance.

Liability

___ insurance covers true “accidental” situations including: fire, theft, falling objects, wind damage, hail

Collision

What does uninsured/under insured motorist insurance cover?

Medical expenses if you are in an accident caused by a driver who has no insurance.

What would towing insurance cover.

It covers the cost of your towing to a repair shop if your car breaks down.

What factors will affect the cost of insurance?

Age, driving record, type of vehicle, location and deductable amount.

The amount you must pay out before the insurance company covers it is called the ___.

Deductable

A motor vehicle title.

Proves legal ownership of a vehicle

A motor vehicle regestration

Shows that the vehicle is registered with the state, legal to drive on public roads and that the proper taxes/ fees have been paid