1. I need a car
2. Principle 1. Develop the alternatives
-- Rent a car until car is repaired
-- Sold car and get another car
3. Principle 2. Focus on differences
-- Car repaired $2,000, insurance paid $1,000 after deductible plus rental car. Out of my pocket= $1,000 assuming that the insurance will cover rental car.
-- Buy a car for $4,000 ($1,000 insurance money + $2,000 old car + $1,000 out of my pocket).
4. Principle 3 Use a consistent view point
Cost of a car with 58,000 or less.
5. Principles 3, 4, and 5 Compare prices of cars with $58,000 miles based on your car model.
Ensure that the repair cost will not increase and that your insurance company will pay for your rental car until your old car is repaired.
6. Principle 6. Make Risk and
2. Principle 1. Develop the alternatives
-- Rent a car until car is repaired
-- Sold car and get another car
3. Principle 2. Focus on differences
-- Car repaired $2,000, insurance paid $1,000 after deductible plus rental car. Out of my pocket= $1,000 assuming that the insurance will cover rental car.
-- Buy a car for $4,000 ($1,000 insurance money + $2,000 old car + $1,000 out of my pocket).
4. Principle 3 Use a consistent view point
Cost of a car with 58,000 or less.
5. Principles 3, 4, and 5 Compare prices of cars with $58,000 miles based on your car model.
Ensure that the repair cost will not increase and that your insurance company will pay for your rental car until your old car is repaired.
6. Principle 6. Make Risk and