Term
| Most common term based loans are... (3) |
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Definition
| Car loans, home loans (mortgage), and student loans. |
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Term
| 4 phases of buying a car... |
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Definition
| pre-shopping activities, evaluating alternatives, determining purchase price, post-purchase activities |
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Term
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Definition
do i need a car? what will i use it for?
info gathering |
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Term
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Definition
| selecting vehicle options, buy vs. lease, used vs. new |
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Term
| determining purchase price |
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Definition
| determaine a fair price by checking, sources, price negotiation, compare the sticker price on the car to the invoice price, compare financing alternatives |
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