Here are the three most important questions Amanda should ask herself about financial responsibility before buying a new car:
- Do I need this car or should I walk, bike, and take the bus to save money?
- This helps assess whether the purchase is necessary or if there are more cost-effective transportation options.
- Is this a reliable vehicle or will I have to make costly repairs?
- Understanding the reliability can prevent unexpected expenses and financial strain.
- Will I be able to afford the insurance, gas, maintenance of battery, oil, tires, and also repairs?
- Considering all ongoing costs ensures Amanda can comfortably manage the total cost of ownership.
The other options, like what friends think or the car’s speed and color, are less relevant to financial responsibility.