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.
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