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One of the challenges consumers face is making wise large-ticket purchases. Besides the decision to purchase a home, one of the next largest financial decisions for many individuals is the decision to buy a car. Therefore, you should ask yourself how you can become a wiser steward and make the best automotive decision for yourself or your family. This section covers a few ideas that you may find helpful regarding the automobile decision.


When you have completed this section, you should be able to do the following:

  1. Determine how a car fits into your financial plan.
  2. Understand key issues of auto ownership.
  3. Understand how to buy or lease a new car and understand the lease versus buy decision.
  4. Understand the challenges of buying a used vehicle.
  5. Understand the special challenges of leasing.


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