Question

Amanda wants to buy a new car. What questions should she ask before she makes the purchase? Select three options. Do I need this car or should I use my old car a little longer? Is this a reliable vehicle? What will my friends think when I buy this car? Will buying this car prevent me from saving money to buy a house? Will this new vehicle help me make new friends?

Answer 1

She should ask these three questions;

1) Do I need this car or should I use my old car a little longer?

2) Is this a reliable vehicle?

3) Will buying this car prevent me from saving money to buy a house?

All of these options are related to the financial planning which is the most logical and apt thing to consider when buying an expensive item, the other options are not relevant to the scenario.  

Answer 2

ANSWER: A) Do I need this car or should I use my old car a little longer? B) Is this a reliable vehicle? D) Will buying this car prevent me from saving money to buy a house?

EXPLANATION: Amanda should focus on her financial planning before making a new purchase. As buying a new car will involve investing her saved up money, she should be cautious before taking any decision. She should ask these three questions to confirm her decision. She should confirm on the fact whether her old car will run a little longer or not. If it does, she should delay her purchase and make use of her old car to the maximum. She should also be sure of the car she has chosen to purchase. It should be reliable in every sense and should satisfy her needs. Lastly, she should think of her leftover savings as it would affect her future decisions. Her plan to buy a house in the future may delay because of her investment in the car.