Choose A, B, C, or D. Martin’s number one financial goal is to buy a car. The first step he should take in making this consumer purchase is to A :  evaluate whether he can afford to buy and own a car.  B :  get preapproval from his bank for a car loan so that he can negotiate more effectively with car dealers.  C :  research all the different types of cars that might meet his needs to determine their safety, reliability, and fuel economy.  D :  evaluate whether he needs a car and, if so, what type of car he needs.

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter8: Vehicle And Other Major Purchases
Section: Chapter Questions
Problem 2FPC
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Choose A, B, C, or D. Martin’s number one financial goal is to buy a car. The first step he should take in making this consumer purchase is to
  • A : 
    evaluate whether he can afford to buy and own a car. 


  • B : 
    get preapproval from his bank for a car loan so that he can negotiate more effectively with car dealers. 


  • C : 
    research all the different types of cars that might meet his needs to determine their safety, reliability, and fuel economy. 


  • D : 
    evaluate whether he needs a car and, if so, what type of car he needs. 
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