Nagle Vehicle Purchase Case Study

The Nagle Vehicle Purchase Recently, we decided to purchase another vehicle. We had to decide whether or not we could actually afford another vehicle. There were several options to discuss. There were many factors and avenues that we had to explore before making the actual purchase. We had originally used a concept map in the actual event decision, but now we decided that we needed to outline all possible points in determining what we would buy in the end. We initially wanted to buy a new vehicle. There were a few brick walls in the way though. We had to see if we could get a loan, and if we could afford having another payment on top of all the others. After doing a debt to cost ratio, we decided that we could afford another loan. Now we needed to make the decision of a new vehicle or a used vehicle. There were a lot of pros and cons about new / used. We could get a lower interest rate on a new vehicle, but this meant a higher payment. The insurance would be cheaper on a new vehicle, plus there were added bonuses and …show more content…
The big SUV’s look appealing but not fuel efficient. We wanted to take a closer look at the available pick-up trucks. We needed something we could haul things in. The fuel economy wasn’t that bad either. With the extended cab, we could still travel in comfort without exposing items to the elements. Then there were the sport’s cars…enough said. Flashy, stylish, status symbols, expensive repair bills, and no room for anything in the back seat. More and more it looked like we were headed into the mini-van / compact car selection. We looked at the big sedans that were available. The problem with the bigger cars was the fact that we had to get UP out of them. As we were both getting older, our bodies didn’t like the extra strain of getting up out of anything…let alone the bed. (We put risers under the bed legs to alleviate this