Assume you plan to purchase a new car for personal use. This will be the first car that you will be purchasing. Discuss various steps of consumer buying process that will be involved in purchasing a car.
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The steps of consumer buying process that will be involved in purchasing a car are following- the consumers must do proper research about the various models of the cars, size, price, safety measures etc.
After that they must decide the payment policy i.e. loan, EMI etc. Before investing the money on a car, one must take time to decide. They can do negotiations with the dealers.
The must do the test drive and perform necessary paper works. Then the payment amount must be decided considering other costs.
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