Definition
What exactly does it mean to buy a car?
The process of purchasing and registering the car you choose.
What is the importance of buying a car from a dealership, instead of from a person directly?
Dealerships are considered to be more accurate in their pricing and offer more reliable vehicles.
What are the first two things that you should do before buying a car?
Research different cars and features, then get a preapproved loan to buy your car.
What are the two different way of getting a car?
Buying it, or Leasing it.
Why would someone buy a used car instead of a new one?
To save money.
What is a car dealership?
A business that sells used and new cars at the retail price based on a contract with an automaker.
What is the importance of getting a used car inspected?
If a car doesn’t pass inspection it won’t be able to drive on state roads. Car may not also be functioning properly and an inspection can help find that.
What characteristics of a person are very important to have when buying a car?
A person should be patient and make sure that they do not make any purchases just because they are there to buy a car. They have to make sure that they take prices, their own thoughts, and weight the pros and cons of the car to make sure that it is perfect for them.
What are the pros and cons of buying the car?
The pros of buying a car is that after paying off your monthly payments, the car belongs to you and is considered an asset in your name. A con would be that there are high monthly payments on your car, until you pay it off.
What are some factors that would drive the price of a car up?
Manufacturing problems, scarcity of parts, labor shortages.
What is a Warranty?
A warranty comes with a new car. The warranty’s length varies from manufacturer. It helps pay for replacement parts or specific parts stated in the warranty?
What is the importance of test-driving a car?
To make sure the car works properly and that everything is in the right order, and to make sure that you like the car that you plan on buying. That way you do not waste your money.
How do you close the deal?
You go talk to the car dealer and discuss price and payment options. After that you pay for your car and you get to take it home.
What are the pros and cons of leasing a car?
The pros of leasing a car is that you have lower monthly payments, that allows you to drive a car that you probably would not be able to afford. The cons are that you never pay off the vehicle and you just end up in a cycle where you never stop paying monthly.
What are the pros and cons of buying an electric car?
Supposedly better for the environment even though there is still a carbon footprint created when producing them. Much shorter travel distance compared to conventional gas cars.
Electric cars can drive for max 300 miles on a full charge while gas cars can go up to 400 miles.