What should Frankie consider before buying the car? Check all that apply.

Frankie should compare the $800 purchase with what else that money could be used for, so he understands what he would give up. He should also account for ongoing costs like maintenance, gas, and insurance, and consider how the purchase fits his short- and long-term financial goals. Finally, he should decide whether a bicycle or bus would meet his transportation needs; how many friends own cars does not help him make that decision.

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