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John wants to buy a car and is trying to decide whether he wants to

accept a pre-qualified auto loan from his credit union or if he wants to

directly finance the car from the dealership. What should he do?

Finance the car directly with the dealership since they always have better interest

rates

Compare the two offers and choose the one through which he'd pay the least amount

of money overall

Finance the car with the credit union - since they're a local organization, they always

have the customers' best interests at heart

Compare the two offers and choose the one with the longest term so that he has

more time to pay it off

Respuesta :

Parrain

To make the best decision, John should Compare the two offers and choose the one through which he'd pay the least amount  of money overall

When making a purchase, there are certain things a rational human thinks about such as:

  • The cheapest offer for the same product
  • The usefulness of the product

John should not take the more expensive offer but should take the cheaper one in order to save money. This can only happen if he compares both offers to see which is cheaper.

In conclusion, John should take the cheaper option.

Find out more on economic rational behavior at https://brainly.com/question/10874268.

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