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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