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Shopping for a car. Your shopping budget. You can only afford $400 a month for a car. Using internet sites like autotrader.com, cars.com, craigslist.org, carmax.com, etc. shop for a car of your choice. What you’re turning in. What cars did you compare? Description of car?
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Your shopping budget • You can only afford $400 a month for a car. • Using internet sites like autotrader.com, cars.com, craigslist.org, carmax.com, etc. shop for a car of your choice.
What you’re turning in • What cars did you compare? • Description of car? • Why did you buy it? • How much does it cost? • What is your monthly payment? Use, http://www.autotrader.com/creditcenter/auto-loan-calculator.jsp to calculate payment. Use 7% as your interest rate and 5 or 6 years as your term.