1. Based on Mackenzies experience, what benefits and drawbacks are associated with online car buying?With a click...

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1. Based on Mackenzie’s experience, what benefits and drawbacks are associated with online car buying?With a click of the mouse, Mackenzie enters the auto “showroom.” In the past few months, she had realized that the repair costs for her 11-year-old car were accelerating. She thought it was time to start shopping for a new car online and decided to start her internet search for a vehicle by looking at small and mid-sized SUVs.

Her friends suggested that Mackenzie research more than one type of vehicle. They reminded her that comparable models were available from various auto manufacturers.

In her online car-buying process, Mackenzie next did a price comparison. She obtained more than one price quote by using various online sources. She then prepared an overview of her online car-buying experiences.

Mackenzie’s next step was to make her final decision. After selecting what she planned to buy, she finalized the purchase online and decided to take delivery at a local dealer.

While the number of motor vehicles being sold over the internet is increasing, car-buying experts strongly recommend that you make a personal examination of the vehicle before taking delivery.image text in transcribed

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Focus On Personal Finance

ISBN: 9781259919657

6th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

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