Hello guys!! welcome back to my blog J
Angelina drives a seven year old car that recently needed
$1,300 in repairs. Each day, she drives 46 miles to and from her job. What
action should she take to decide if she should
1. Keep this car
2. Buy a newer used car
3. Buy a new car
Her total income is $2,700 monthly, consider the following
daily expenses that she has:
Flexible expenses : $750
Fixed expenses : $250
From that case, my opinion is Angelina has to buy a new car
because Angelina’s car is quite old. She has used it for 7 years. Angelina has
paid $1,300 for repairing her car recently, and maybe her car need some
repairment again in next time. So, I suggest Angelina to buy a new car. I don’t
suggest her to buy a newer used car because maybe some parts of the car is
broken, and that’s why the previous
owner sells his car. Angelina has to buy a new car for that reason by
selling her old car and take a car credit by saving $2,700 from her income. Her
monthly expenses is $1,000, so Angelina can start to credit a car that costs
$1,700 per month.
That’s all my opinion
Thank you guys for reading :)
