COLORADO SPRINGS, Colo -

A new national survey finding that teen drivers lack basic knowledge about auto financing and total vehicle ownership costs sparked Junior Achievement USA and American Honda Finance Corp. to create a new website.

The national survey orchestrated by Junior Achievement included 500 drivers who were age 16 or 17. Officials determined new drivers would benefit from basic education about the auto financing process and the costs of vehicle ownership.

For example, when asked what type of information is typically requested on a vehicle financing application, 45 percent of respondents did not know that proof of income was required by finance companies.

The new website is designed to help young drivers navigate the financial aspects of owning and maintaining a vehicle enables. It’s also geared to test their knowledge of auto finance and vehicle ownership costs through an interactive quiz.

The site also provides helpful information and terminology related to auto financing options, auto insurance coverage, routine maintenance and budgeting.

“The goal is to help young drivers make better-informed decisions,” officials said about the site now available at www.financialtestdrive.org.

Honda Finance also has sponsored Junior Achievement to support the JA Personal Finance program, an interactive and experiential blended-learning curriculum, which shows teens how to use credit responsibly, budget and save. The program is targeted to high school students and is facilitated by volunteers in communities across the nation whose personal and professional experiences enhance student learning.

JA Personal Finance is accessible through Junior Achievement's online learning management system and available to local high school students through local Junior Achievement offices across the country.