Will you finance this purchase, or pay cash

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Reference no: EM133614803

Reflection:

For the next car purchase, explain the steps you would take to purchase a car.

Start with how you would research information on the car (list specific websites that you found helpful).
Would you buy new or used (or lease?). Why?
Will you finance this purchase, or pay cash? Explain.
What is your plan for saving for the down payment or purchase price of the car?
Lastly, how does your credit score relate to financing a car? Comment on the difference in total price you would pay with a 6% rate of interest vs. 22% (from the research above).

Reference no: EM133614803

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