BUSN 380 help Making Decisions/uophelp.com BUSN 380 help Making Decisions/uophelp.com | Page 82
BUSN 380 Week 6 Assignment Project 2 Car Buying (2
Projects)
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This Tutorial contains 2 Projects
In this assignment, we will learn how to buy a car and figure out whether
it is priced at or below market value.
First, you need to decide on your budget which is the maximum you can
spend on a car and that maximum number should take into consideration
price, tax, registration, and fixing if needed.
Second, go to a web site such as cars.com and search for a car in within
your budget constraint.
Third, go to a web site such as the one for the Kelly Blue Book, and find
out whether the car is at market value, overpriced, or underpriced.
Finally, write a two page paper discussing your findings and issues to
explain or discuss:
·
Explain your choice. Why did you select the car that you
identified? What are three different prices the Kelly Blue Book provides?
·
Based on Kelly Blue Book prices, is the car over or
underpriced?
·
Did you have any surprises, prior experience, feedback,
thoughts, and so on?
·
Referring to the car that you selected, discuss the
insurance decisions you will need to make. What type of coverage will
you need? What is the minimum amount of coverage you will need
(based on your state of residence) and what amount of coverage would