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How Do I Buy Used And New Trucks

How Do I Buy Used And New Trucks. By Jane Doe. Essential Question: How Is math used in Buying A vehicle?. Challenge: to find how much my dream car would be. My Dream Truck. 3 Chevrolet Silverado 1500 cab long box doors: 4 Engine size: 5.3 liter Cylinders: 8 Transmission: Automatic

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How Do I Buy Used And New Trucks

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  1. How Do I Buy Used And New Trucks By Jane Doe

  2. Essential Question: How Is math used in Buying A vehicle? Challenge: to find how much my dream car would be.

  3. My Dream Truck • 3 Chevrolet Silverado 1500 cab long box doors: 4 • Engine size: 5.3 liter • Cylinders: 8 • Transmission: Automatic • Exterior: Victory Red • Interior Color: Dark Charcoal Cloth Interior

  4. Buying A Used Silverado • The used car is 91 miles from Somersworth, NH • It has 9,679 miles on it • The transmission is an automatic • 4 doors • 8 cylinders • Exterior: Black

  5. Features of the Used Silverado • The used truck has: • AM/FM radio • Tilt Steering • Cruise Control • Power steering • Power door locks • Air conditioning • Digital clock • CD player • It has Air Bags On Driver and Passenger side!

  6. New Car Loans • There are many factors one should consider on buying a car loan. First there are many sources offering new car financing. Choose the best source for your needs. Terms and rates are sometimes based on the model and the year of the car/truck. • Make sure you choose the shortest term of payments that is affordable to your budget. Payments should never exceed 20% of your gross monthly income.

  7. Term Rates Term 36 Months 60 months 72 months New 4.50% 4.99% 5.75% Used 5.19% 5.40% 6.20% Refinance 5.49% 5.95% 6.55%

  8. Used Car Loans • It depends on the year of a used car • Your car payment along with all your other debt including rent, mortgage, insurance, and credit card payment should not exceed 45% of your gross monthly income.

  9. Car Insurance Since Car insurance can be expensive you should consider reducing costs as much as possible by carrying the highest deductibles that you can afford. Our car insurance links give you flexible programs that enable you to insure your investment in a cost efficient manner. You need to make sure that you purchase is properly insured. Your car represents a major investment, repairs are expensive and the right car insurance should be a priority. We recommend comprehensive and collision coverage to give the customer peace of mind and protect that investment

  10. If the truck’s term was 36 months every month you would have to pay $162.00 If the truck’s term was 60 months every month you would pay $ 299.00 If the truck’s term was 72 months you would pay $414.00 How you would figure this out is that you would take 36 months times 4.50%= $162.00 per month To figure out your payment you would take 60 times 4.99%= $ 299.00 If the term was 72 you take 72 times 5.75%= $414.00 Paying your New Vehicle

  11. Resources • www.autobytel.com • www.vehix.com • www.autotrade.com

  12. The End

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