PROBLEM B

Assume that you are the decision maker in a family of four consisting of two adult spouses and two children 8 and 12 years of age.

You have $50,000.00 to buy a car and you have already decided to select one of the many dealerships near your house when you decide what kind of car you want and need. What steps and processes will you use to select and buy the car? Please list and explain in detail every step you will take to assure that you are purchasing the best car for you and your family.

NOTE: Assume you have one of every car manufacturers dealership near your house and you already have an approved loan so do not discuss these items.