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Section 02 Loans & Expenses Unit 04 Cars - Practical Money Skills

Section 02 Loans & Expenses Unit 04 Cars - Practical Money Skills

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New-car dealers<br />

Provide quality used vehicles; service department available; higher<br />

prices than other sources<br />

Used-car dealers<br />

Specialize in previously owned vehicles; limited warranty (if any); vehi-<br />

cles may be in poor condition<br />

Private parties<br />

May be a good buy if vehicle was well maintained; few consumer<br />

protection regulations apply to private party sales<br />

Other sources<br />

Such as auctions or sales by government agencies, auto rental compa-<br />

nies, and on the Internet; most of these vehicles have been driven<br />

many kilometres<br />

overhead C<br />

Overhead C<br />

Sources of used cars<br />

<strong>02</strong>.<strong>04</strong>.03<br />

1<strong>02</strong> section <strong>02</strong>. loans & expenses<br />

choices & decisions

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