Question

Imagine you are in the process of buying a new car. Give at least two examples...

Imagine you are in the process of buying a new car. Give at least two examples of both qualitative and quantitative data that you would consider in your purchase decision. Explain and defend your choices provide several qualitative attributes and several quantitative characteristics you would consider important when purchasing a car.

Homework Answers

Answer #1

Qualitative attributes I shall consider would be its design in interior and exterior along with the diggy space it has. Another qualitiative consideration would be its pick up time.

Quantitative factors would include its price and the mileage it gives.

Other characteristics which must be kept in mind are:

  • Read reviews on the make and model.
  • Figure out a fair purchase price.
  • Make sure to decode the VIN.
  • Review the vehicle history report.
  • Consider looking at certified pre-owned vehicles.
  • Take your time to help avoid buyer’s remorse.
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
You are considering buying a new car for $37,000. If you purchase the car you will...
You are considering buying a new car for $37,000. If you purchase the car you will pay $7,000 of the purchase price as a down payment. Below are the two options to choose from. Option 1: Pay off the amount borrowed to purchase the car with a 5 year loan, and the annual percentage rate (APR) will be 0%. Option 2: Receive a $2,000 instant rebate. This will lower your loan amount. Pay off the amount borrowed to purchase the...
You are in the process of purchasing a new car that will cost you $25,000. The...
You are in the process of purchasing a new car that will cost you $25,000. The dealership is offering you either a $1,000 rebate (applied toward the purchase price, so that the purchase price becomes $24,000) if you pay today or 3.9% APR financing for 4 months and no rebate (with payments made at the end of the month). You are in the process of purchasing a new car that will cost you $25,000. The dealership is offering you either...
Imagine this scenario... you are an independent owner of a brand new "pick-up only" pizza place...
Imagine this scenario... you are an independent owner of a brand new "pick-up only" pizza place in Macomb County. When thinking about purchasing ingredients (like vegetables, meats and cheeses) from suppliers, briefly explain what would happen at each step of the business-to-business buying process for your new pizza place. Outline at least 3 product specifications and write a brief RFP for these ingredients. What would you seek in obtaining a supplier? Develop 2 vendor/performance assessment points you would use to...
You are trying to pick the least-expensive car for your new delivery service. You have two...
You are trying to pick the least-expensive car for your new delivery service. You have two choices: the Scion xA, which will cost $14,500 to purchase and which will have OCF of −$1,300 annually throughout the vehicle’s expected life of three years as a delivery vehicle; and the Toyota Prius, which will cost $20,500 to purchase and which will have OCF of −$700 annually throughout that vehicle’s expected 4-year life. Both cars will be worthless at the end of their...
You are trying to pick the least-expensive car for your new delivery service. You have two...
You are trying to pick the least-expensive car for your new delivery service. You have two choices: the Scion xA, which will cost $18,000 to purchase and which will have OCF of −$2,000 annually throughout the vehicle’s expected life of three years as a delivery vehicle; and the Toyota Prius, which will cost $27,000 to purchase and which will have OCF of −$1,050 annually throughout that vehicle’s expected 4-year life. Both cars will be worthless at the end of their...
You are trying to pick the least-expensive car for your new delivery service. You have two...
You are trying to pick the least-expensive car for your new delivery service. You have two choices: the Scion xA, which will cost $18,000 to purchase and which will have OCF of −$2,000 annually throughout the vehicle’s expected life of three years as a delivery vehicle; and the Toyota Prius, which will cost $27,000 to purchase and which will have OCF of −$1,050 annually throughout that vehicle’s expected 4-year life. Both cars will be worthless at the end of their...
You are trying to pick the least-expensive car for your new delivery service. You have two...
You are trying to pick the least-expensive car for your new delivery service. You have two choices: the Scion xA, which will cost $14,500 to purchase and which will have OCF of −$1,300 annually throughout the vehicle’s expected life of three years as a delivery vehicle; and the Toyota Prius, which will cost $20,500 to purchase and which will have OCF of −$700 annually throughout that vehicle’s expected 4-year life. Both cars will be worthless at the end of their...
You are trying to pick the least-expensive car for your new delivery service. You have two...
You are trying to pick the least-expensive car for your new delivery service. You have two choices: the Scion xA, which will cost $16,500 to purchase and which will have OCF of –$1,700 annually throughout the vehicle’s expected life of three years as a delivery vehicle; and the Toyota Prius, which will cost $24,000 to purchase and which will have OCF of –$900 annually throughout that vehicle’s expected 4-year life. Both cars will be worthless at the end of their...
You are trying to pick the least-expensive car for your new delivery service. You have two...
You are trying to pick the least-expensive car for your new delivery service. You have two choices: the Scion xA, which will cost $24,000 to purchase and which will have OCF of –$3,200 annually throughout the vehicle’s expected life of three years as a delivery vehicle; and the Toyota Prius, which will cost $32,500 to purchase and which will have OCF of –$1,650 annually throughout that vehicle’s expected 4-year life. Both cars will be worthless at the end of their...
You are trying to pick the least-expensive car for your new delivery service. You have two...
You are trying to pick the least-expensive car for your new delivery service. You have two choices: the Scion xA, which will cost $19,500 to purchase and which will have OCF of -$2,300 annually throughout the vehicle's expected life of three years as a delivery vehicle; and the Toyota Prius, which will cost $28,000 to purchase and which will have OCF of -$1,200 annually throughout that vehicle's expected 4-year life. Both cars will be worthless at the end of their...