1. Describe the purchase transaction process, including shopping, negotiating price, and closing the deal on a car. 2. What are the advantages and disadvantages of leasing a car? 3. Given your...

1. Describe the purchase transaction process, including shopping, negotiating price, and closing the deal on a car.

2. What are the advantages and disadvantages of leasing a car?

3. Given your personal financial circumstances, if you were buying a car today, would you probably pay cash, lease, or finance it, and why? Which factors are most important to you in making this decision?