Posted by & filed under Intro to Personal Finance (Grable & Palmer), Personal Finance.

This NPR article talks about the current car shortage and the reasons behind it. Given the current price hikes, the article gives the reader some options to consider before buying a car.

https://www.npr.org/2021/09/24/1039620891/shopping-cars-new-used-dealers

Questions for Discussion

  1. Of all the options listed in the article which one resonated with you the most?

 

  1. The article suggests that instead of haggling on the price of the new car, try to get most money for your current car when it comes to trade in. What sites would you go to in order to get a fair estimate for your car?

 

  1. Why do most people go to a dealership instead of ordering cars directly from the manufacturer?

 

  1. If one had to completely forego buying a car at this time, what are some viable options when it comes to commuting?

 

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