Automotive 3 GEO Welcome to your Automotive 3 GEO Quiz. Please click on "Next" to continue. Despite online services which allow people to purchase vehicles from one another, dealerships are still the primary means of purchasing a vehicle. True False None What does MSRP stand for? Manufacturer's Stated Retail Price Manufacturer's Specified Retail Price Manufacturer's Suggested Retail Price Manufacturer's Suggested Referral Price None There is no reason to try and sell advertising to a new car dealership. That is correct, because the manufacturer creates all of their advertising. False. New car dealerships still have control over their local advertising and who they support in their community. None When a rental car company needs to update the vehicles in their rental inventory, what do they do with their current inventory? (Select all that apply) Give some vehicles as rewards to high-performing employees. Renew the vehicle with the local department of motor vehicles as a brand new car. Donate some vehicles to charities. Sell them to the public. You are talking to Henry, the owner of Henry's Used Cars. He states his business is largely based on word of mouth. How can you excite him about our services? Tell him that word of mouth is great, but we guarantee results. Tell him that our heroes love telling each other about who helped them and we want to help make sure they are talking about him. Tell him our ads will guarantee he gets more visitors to his lot. None If you are talking to the owner of a new car dealership that also has a service center. What would be a good comment to make? (Select all that apply) We can also promote your service department as well as your dealership. For a small price, we can add a second ad that focuses specifically on your service department. Because you also have a service department we cannot create a ad for you. We can promote that you perform warranty service on your ad, using Geo-Fencing. In 2017, 31.2 million new cars were sold in the United States. True False None Manufacturers may have special rebate programs designed specifically for the heroes we are trying to help support. True False None In order to boost sales at the end of a vehicle production year, manufacturers will often do which of the following? Send dealers letters stating that they need to hurry and get their current inventory sold They will create a manufacturer's rebate to lower the price of vehicles to excite new buyers They will send transport to pick up the unsold vehicles and sell them to rental car companies None Veterans who have a service-related disability may be eligible for a vehicle benefit of up to $20,114.34 True False None Stage Name/Real Name Unit Time's up Posted on August 24, 2019April 24, 2020 By admin
