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Willy Buys a Car
Fairchild, Gregory B.; Fairchild, Tierney; Black, Christina; Jones, Liz Ivaniw Case F-1871 / Published July 1, 2019 / 13 pages.
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Product Overview

For the past three months, Willy Fuller has been working as a fry cook at Hal's Café. He has no car, and due to the unpredictability of the bus service, Willy has been late to work several days. His boss has told him that if he is late again, he will be fired. Willy can't afford to lose his job. His family relies on him to pitch in $500 a month for food and household expenses, as well as $200 a month for his grandmother's medical bills. He also tries to save $400 a month for his college fund. Something has to change, so he finally decides that it is time to get a car. This case explores the details of buying a car, from the pros and cons of buying new versus used, to negotiating with a dealership over the terms of a loan, to budgeting for car expenses.


Learning Objectives

Participants will be introduced to differences between buying new and used; differences between buying from a dealership and a private owner; the features of a car loan; information about car pricing; ways to negotiate with a dealer; and how to budget for car expenses.

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  • Overview

    For the past three months, Willy Fuller has been working as a fry cook at Hal's Café. He has no car, and due to the unpredictability of the bus service, Willy has been late to work several days. His boss has told him that if he is late again, he will be fired. Willy can't afford to lose his job. His family relies on him to pitch in $500 a month for food and household expenses, as well as $200 a month for his grandmother's medical bills. He also tries to save $400 a month for his college fund. Something has to change, so he finally decides that it is time to get a car. This case explores the details of buying a car, from the pros and cons of buying new versus used, to negotiating with a dealership over the terms of a loan, to budgeting for car expenses.

  • Learning Objectives

    Learning Objectives

    Participants will be introduced to differences between buying new and used; differences between buying from a dealership and a private owner; the features of a car loan; information about car pricing; ways to negotiate with a dealer; and how to budget for car expenses.