Alexis Martin has just graduated from college and needs to buy a car to commute to work.

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Alexis Martin has just graduated from college and needs to buy a car to commute to work. She estimates that she can afford to pay about $450 per month for a loan or lease and has about $2,000 in savings to use for a down payment. Develop a plan to guide her through her first car-buying experience, including researching car type, deciding whether to buy a new or used car, negotiating the price and terms, and financing the transaction.

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Personal Financial Planning

ISBN: 9780357438480

15th Edition

Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk

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