Presentation on theme: "How to Make the Best Choice when Buying a Car By: Amy Chavatel"— Presentation transcript:
How to Make the Best Choice when Buying a Car By: Amy Chavatel
What is the problem? O I am single and I just got a new job. I have salary of 26,000. I need to buy a reliable car that will get me back and forth to work.
Who is affected by this problem? O I am affected O My job is affected O My dogs are affected
How should I go about solving this problem? O First, I need to find a price range for my car that will fit into my budget. I calculated that a price between $15,600-$22,600 would fit into that range.
What factors will influence my decision about this problem? O Gas is very expensive. I want a car that gets good miles per gallon (mpg). O I dont have extra money to fix an older, cheaper, used car. O I have other expenses and dont want to buy a car that would go over my budget. O I can only drive an automatic transmission car. O I want a car big enough for dogs.
Where can I seek reliable information? O I can get information from my parents. O I can go on the internet at and get reliable information about different cars. O I can visit or call different dealers and get brochures and pamphlets describing different cars.
What is reliable information? O Reliable information is information that is true or can be backed up by data.
What information do I need to provide good reasons for the choice I select? O I need a automatic transmission. O I need a sticker price in my price range. O I want a new car that has a warranty. O I need a car with a good fuel economy and gas mileage. O Also I would like to have a car with a very good safety rating for me and my dogs.
What choices do I have in solving this problem? O A new Ford Mustang Shelby GT500 sold at CarMax for $52,500 - very expensive O O A new Subaru Forester 2.5x sold at Subaru of Richmond for $22,420- can fit in my budget O Cite that the pic can from on the title page. O A used Nissan Versa sold at CarMax for 11,998- very cheap, could have problems to fix over the years O
What choices can I create that will be best for myself and others? O The two choice that I can create is the Subaru Forester and the Nissan Versa. O The Subaru Forester has a 5 star crash test rating. It also has a hatch-back for my dogs. It has a back seat that folds down to the floor and I can put it up if friends or family need ride along. It has a great gas mileage and fuel economy. It is all wheel drive and is great for snow. Also it is affordable. O The Nissan Versa has a 5 star crash test rating. It is very affordable. It has a lot of room but not as much the Subaru.
What are the short and the long term consequences of each choice? O Subaru Forester 2.5x- short term-larger down payment long term- larger monthly payments O Nissan Versa- short term- smaller and less room long term- unexpected repair costs due to 30 day warranty
What is my choice? O My choice is a new Subaru Forester 2.5x
Is this choice best for me and for others? O This choice is best for me and my dogs. It falls within my budget. I can afford the payments over 60 months. I do not need to borrow money from my parents for the down- payment. It is a safe reliable car that has good gas mileage and has a 3 year comprehensive warranty.
How would this decision affect the people I care about? O This decision would relieve the worries of my parents knowing that I have a safe affordable car that wouldnt leave me stranded on the side of the road or deeply in debt.
What if everyone made the same decision for this problem? O Everyone has different jobs and salaries. Some are single like me and others have husbands and children. They have different budgets and expenses. If everyone chose to buy a Subaru Forester 2.5x, they could go over their budget and spend too much or the car might not fit their familys needs.
Which car did you choose and why ? O I chose an automatic Subaru Forester 2.5x from Subaru of Richmond. I chose this car because it fits within my budget. It has good gas mileage and has a five star crash test rating. It is all wheel drive and will get me to work in snowy weather. It has a 3 year warranty so I wont have major repair costs for a while. It is a midsize car that is great to carry dogs.
Before this activity, how much did you think it would cost to own a car? O I thought that a car would cost around $6,000.
What were some of the costs you hadnt previously considered as part of a car ownership? O I learned that there are maintenance costs like oil changes, tires, tune ups, insurance and taxes that I hadnt considered when owning a car. Gas is the major expense.