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Car Buying Name____________________________________Go to : Use your VIN # to find out information about your car. Scroll down until you see How many records ______________.Year:? Make:Model:? Style / Body:?Engine: Country of Assembly:Find the current trade in value for your vehicle. Enter all information required. Select condition of vehicle.Trade in Value $_____________________ Private Party Value $___________________.Why do you think they have different prices? Explain.Now, shop for a new car @ HYPERLINK "" the new car information- shop for 2015 model. Select “no thanks, I’ll build my own” option to see how much different features will cost.I chose a _______________________________________________________________________.Invoice: $TMV:MSRP:Now find your monthly payment. Scroll down to bottom of page to find*** Add required information to find monthly payment options.1. Use TMV pricing for step (may apply incentives, rebates) Skip step 2.3.Enter 20% for down payment $_______________________ 4. Loan term 36 months 5% apr $______________/ month total finance charge $__________Next increase loan term to 48 months $______________/ month total finance charge $__________Next increase loan term to 60 months $______________/ month total finance charge $__________Add your value of your current vehicle in step 3. How does that change your payments? Try having bad credit and paying 12% interest for you loan. How does that change your payments?60 months 20% down 12 % interest no trade in $___________/ month finance charge $__________ ................
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