Introduction
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Engineered to move the human spirit.
The true definition of luxury.
Accelerating the future.
If you listen to their slogans, car companies make buying a car sound like a no-brainer. The truth is cars lose money as soon as they’re driven off the lot. Plus, they cost money to use and maintain. So can buying a car be a positive economical choice? We’ll help you decide!
According to Road and Travel Magazine, these are the top five reasons people buy a new car:
- Their current car gets poor gas mileage.
- They’re tired of the old car and want something new.
- Their current car is always in the shop for repairs.
- Their current car no longer runs.
- They’re looking for better safety features.
Purchasing a car is a big decision and unless you have the cash on hand, it also means getting a loan. The more you understand about the process of financing a vehicle, the more likely you are to get the most out of your purchase.
Learning Objectives:
- Determine how much car you can afford.
- Explore purchasing options – new vs. used, buy vs. lease.
- Uncover the benefits of comparison shopping.
- Figure out financing options.
- Learn to negotiate the best deal.
- Compare insurance options.
Download the PDF version of the Module Quiz.
