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CS 6.docx - Financial Planning Case 6 Chapter 6 Case in...

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Financial Planning Case 6Chapter 6 “Case in Point” – Questions 1-4:1.Benefits and Drawbacks to Online Car Buying - Mackenzie’s Experience:Benefits:Review available vehicle models and options.Evaluate operating costs and safety features.Identify specific make, model, and features desired.Locate availability and specific price in your geographic area.Make payments or financing arrangementsDrawbacks:Did not conduct in-person inspection.2.Additional Actions Mackenzie Might Consider:Look at product testing reports and online reviews.Compare label and warranty information.Determine reputation of brand or dealership.Seek discounts.Select payment method based on security, fees, and other factors.Know return and complaint process.3.Benefits and Drawbacks of Shopping Online - Personal Opinion:Benefits:
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