Buying a car assignment



Buying a car assignment cover sheet: Due by the end of class

Name:______________________________________Date:___________

1st step: Finding a Car

The car I want to buy is:_______________________________________

The website I used is:_______________________________________________

2nd step: Determine the car’s reliability

Fast facts:

Fuel Economy Range:

Maximum Seating Capacity:

Horsepower Range:

Ratings (how many circles?):

Overall performance and design:

Overall initial quality:

Overall dependability:

3rd step: Research the car’s title history

CARFAX reports cost how much? There are three options:

1.

2.

3.

4th STEP: Finding a fair price

At , my car’s price is listed as follows (either new MSRP, or trade in, private party and clean retail value of used car):

At (Kelly Blue Book) my car’s price is listed as follows (either new MSRP, or trade in, private party and clean retail value of used car):

5th STEP: Finding a competitive interest rate

Loan was found at:

Loan amount: ______________Loan term:_______________ interest rate:_____________

6th STEP: Finding a loan payment

My loan payment will be __________________per month for _________months.

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