Paybook: The Dos and Donts of Buying a Car

Paybook: The Dos and Donts of Buying a Car

Assessment

Interactive Video

Business, Architecture

University

Hard

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The video tutorial emphasizes the importance of being realistic when shopping for a car, considering not just the purchase price but also the costs of insurance, maintenance, and fuel. It advises confirming the market price using tools like Kelly Blue Book and arranging financing beforehand to avoid pressure from dealers. The tutorial warns against falling in love with a car, which can reduce negotiation leverage, and stresses the importance of thorough research and attention to deal details. It also covers leasing, highlighting mileage limits and the need for gap insurance.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What should you pay attention to when leasing a car?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is gap insurance and why is it important?

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