Using online research, Mackenzie enters the auto “showroom.” In the past few months she had realized that the repair costs for her 11- year-old car were increasing. She thought it was time to shop for a new car, and started her online search for a vehicle. She was interested in small and mid-sized SUVs. However, her friends suggested that Mackenzie research more than one vehicle type.

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 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 was able to take delivery at a local dealer.

While car buying online continues to grow in popularity, be sure to make a personal examination of the vehicle before finalizing the purchase.

Questions

1. Based on Mackenzie’s experience, what benefits and drawbacks are associated with online car buying?

2. What additional actions might Mackenzie consider before buying a car?

3. How might the benefits and drawbacks of shopping online affect a person's budgeting and saving activities?

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Table Summary: This table consists of the headings followed by 3 rows of 3 columns. Columns 2 and 3 contain information of varying lengths. Online Car- Buying Action Online Activities Websites Consulted