fido wants to buy a new car. he will need to get a car loan. fido decides to wait for a few months until his…

fido wants to buy a new car. he will need to get a car loan. fido decides to wait for a few months until his credit history improves. which explains whether fido is making a sensible decision? fidos decision is sensible because the selling price of the car should be less in a few months. fidos decision is sensible because the cost of the car loan should be less if his credit history improves. fidos decision is not sensible because he needs the car right away. fidos decision is not sensible because it does not matter if he buys the car now or in a few months.

fido wants to buy a new car. he will need to get a car loan. fido decides to wait for a few months until his credit history improves. which explains whether fido is making a sensible decision? fidos decision is sensible because the selling price of the car should be less in a few months. fidos decision is sensible because the cost of the car loan should be less if his credit history improves. fidos decision is not sensible because he needs the car right away. fidos decision is not sensible because it does not matter if he buys the car now or in a few months.

Answer

Brief Explanations:

Credit - worthiness affects loan terms. A better credit history usually leads to lower - interest loans. So waiting to improve credit can reduce the cost of the car loan.

Answer:

Fido's decision is sensible because the cost of the car loan should be less if his credit history improves.