Case Study 1: Casey is preparing to leave for college in the fall. She lives in New York, but will be going to school in California, so
she is planning on buying a car to get her there. She wants to buy something reliable, so she is deciding between a
new car that will cost $17,000 with zero miles and a navigation system and a three-year-old car with 7,000 miles
and no navigation system for $12,000. She has $10,000 in savings that she will use for the purchase and she'll take
out a loan for the remaining amount.
What are the wants?
What are the needs?
What decision would you make and why?