Glencoe Accounting

Chapter 15: Accounting for Purchases and Cash Payments

Making It Personal

AutoTrader.com

When you think about buying a car, it's easy to get wrapped up in the excitement of the car itself. What is equally important is to consider how you'll pay for the purchase. AutoTrader.com offers information on the process of buying your first car, insurance, and loans.

Destination Title: AutoTrader.com

www.autotrader.com

Guided Activity

Start at the AutoTrader Web site. Write your answers to these questions in a separate document.

1. In the top navigation bar, click Research & Compare. Under the Used heading, click Learn About Buying Used. What is the first step in the car buying process?
2. What kinds of things should you inspect when you test drive a used car?
3. Use the Compare Cars feature on the site. What did you learn about your three selections that might cause you to favor one car?
4. What mistakes do you think most people make when purchasing and financing a car?