Thomas was thinking about the car he wants to buy in a few years. He does not know what he should do now so that he can buy the car. What should Thomas do?

Question

Business

Kayla Sanchez

6 July, 19:13

Thomas was thinking about the car he wants to buy in a few years. He does not know what he should do now so that he can buy the car. What should Thomas do?

+4

Answers (1)

Know the Answer?

Lee Stout · Answer 1

Thomas needs to think what it is he needs to buy the car. That is cash (money). What does he need to do to get money? He needs a job. Once he has a job and starts getting paid, he needs to SAVE the amount required for the down payment, unless he has the money to buy it cash! Meaning he can pay it in full. If he is only paying for the down payment, then he needs to make sure he has good credit to qualify for a loan on the remaining balance.

All in all he needs a plan!