Automotive 3 Welcome to your Automotive 3 Quiz. Please click on "Next" to continue. What does MSRP stand for?Manufacturer's Stated Retail PriceManufacturer's Specified Retail PriceManufacturer's Suggested Retail PriceManufacturer's Suggested Referral PriceIn 2017, 31.2 million new cars were sold in the United States.TrueFalseVeterans who have a service-related disability may be eligible for a vehicle benefit of up to $20,114.34TrueFalseManufacturers may have special rebate programs designed specifically for the heroes we are trying to help support.TrueFalseWhen 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.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 on your customized advertisement. For a small price, we can add a second advertisement that focuses specifically on your service department. Because you also have a service department we cannot create a customized ad for you. We can promote that you perform warranty service on your advertisement in the Club and on the websiteYou 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 our online advertising offers guaranteed 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 advertising at the Clubs will ensure he gets more visitors to his lotIn 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 soldThey will create a manufacturer's rebate to lower the price of vehicles to excite new buyersThey will send transport to pick up the unsold vehicles and sell them to rental car companiesThere 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.Despite online services which allow people to purchase vehicles from one another, dealerships are still the primary means of purchasing a vehicle.TrueFalse Stage Name/Real Name Unit Time is Up! Posted on August 24, 2019April 24, 2020 By admin
