HDFS 238 Study Guide - Midterm Guide: Adjusted Gross Income, Lenders Mortgage Insurance, Patient Protection And Affordable Care Act
28 Nov 2016
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Need to understand the consumer take away message for at least three of the examples presented. Could include: wine study, age progressed video imaging (retirement), grocery store jam study, halo effect, or the effect of opting out vs opting in (for retirement planning) Will my interest rate remain the same. Negotiate your interest rate only after getting a firm price for the vehicle. Negotiate the lowest possible apr offered through the dealer. Car buying process - pricing of a new car; negotiating a deal with the dealership. Msrp or sticker price= suggested retail price. Negotiate a cost somewhere in range in between. Until price of the new car is settled: don"t mention any trade-in, don"t mention dealer financing. Rule of three: compare financing options, what is a fair interest rate, shop for low rates, remember the two week window for inquires, obtain a loan pre-approval for the lowest rate. Interest rate: higher the interest rate, higher the payment.
