Decision Making Using the 7 steps of

							Using the 7 steps of decision making process covered in Chapter 19 to evaluate the type of car or truck you want.

Step 1: Identify your needs and wants
          What type of car do you want to buy?

Step 2: Analyze your resources.
         How much money do you plan to spend for your car?
                  Savings?               Borrow?

Step 3: Identify your choices. Specify the year, body style, size, features you want in the car. Use www.kbb.com or
similar site to determine value. Document this information.
          Car make                   Model                        Year                       Retail book price
                   Accessories                                                                        Total
Step 4: Gather information on your choices.

         What are the differences in pricing and what determines the differences.

Step 5: Evaluate your choices. Create a very specific checklist that you would use to evaluate a car you would
consider buying.

Step: 6: Make a decision. If you had the financial resources would you buy the car? What other costs would you
need to consider in owning a car?

Step 7: Plan how you will reach your goal. Write a paragraph of specific steps you can take to purchase the car.

Extra Credit: use your checklist to evaluate a car that you would consider purchasing. Include a picture of the car.
Talk to an insurance agent about cost of insurance coverage and get a quote for you to insure the car.




Using the 7 steps of decision making process covered in Chapter 19 to evaluate the type of car or truck you want.

Step 1: Identify your needs and wants
          What type of car do you want to buy?

Step 2: Analyze your resources.
         How much money do you plan to spend for your car?
                  Savings?               Borrow?

Step 3: Identify your choices. Specify the year, body style, size, features you want in the car. Use www.kbb.com or
similar site to determine value. Document this infprmation.
          Car make                   Model                        Year                       Retail book price
                   Accessories                                                                        Total
Step 4: Gather information on your choices.

         What are the differences in pricing and what determines the differences.

Step 5: Evaluate your choices. Create a very specific checklist that you would use to evaluate a car you would
consider buying. What would insurance cost for the car.

Step: 6: Make a decision. If you had the financial resources would you buy the car? What other costs would you
need to consider in owning a car?


Step 7: Plan how you will reach your goal. Write a paragraph of specific steps you can take to purchase the car.

Extra Credit: use your checklist to evaluate a car that you would consider purchasing. Include a picture of the
car. Talk to an insurance agent about cost of insurance coverage and get a quote for you to insure the car.