Car Buying Project You are going to shop online for a new or used…
Question Answered step-by-step Car Buying Project You are going to shop online for a new or used… Car Buying ProjectYou are going to shop online for a new or used car that you would be interested in buving. After vou have chosen the car you would like to buy you will need to record some specific information about vour future car. You have pust graduated from school and have a new job! You will now needI to gel a loan from the bank so vou can make pavments on our carStep 1: Finding the right car for you!It is time to find the car that best fits your style. Below are two websites that can helpyou get started on finding your car. You can use these or another site you choose. If youhave a specific car in mind you can go to their websitewww.cars.com and www.autotrader.comWhen you find the car that vou would like to purchase, answer the following questionsWhat is theMake:Model:Year.New or Used and why? Price: How man Kilometres has vour car alreadv been driven(tor used cars on v)?What is the average gas mileage for your car?Standard or automatic.Other snecitic features of our car-What was the main reason vou chose this car?Loan calculatorNow that you have chosen your vehicle you will need to determine how much you will bepaying per month for your car payment. Use one of the following links to determine howmuch you will be paying for a loanhttns://www.cchwebsites.com/content/calculators/CA Autoloan.htm. Car payments with a 10%down payment also Car payments with no down payment. Original cost of the car, Down payment amount, The amount of your monthly car payment over 36 months, The amount of your monthly car payment over 18 months, The amount of yourmonthly car pavment over 60 months, Total amount vou will eventually pay for your car, Total amount of interest you will pay on your loan. Insurance quoteGo to the following link_httos://www.humberviewgrouo.com/guide/car-insurance-mn-ontario.Answer the tollowms questions:1) What is the average cost of car insurance in Ontario for a year?2 How much does that work out to be per month.3) What are some of the factors that could attect vour insurance costs?Additiona CostsCheck out the following article to see some of the other costs associated with owning astudents/are some :Buying versus leasing a car (optional)Leasing a car is also an ovtion. Check out the tollowig websites tor more intormation itIS Something that interests yous./ui-4-Ca1/Ism-VS-uI-d-HE-Caives.ca/blog/car-finance/leasing-vs-buying-what-is-best-for-youFinal Reflection: Answer the following questions.What car did you choose to buy?What is the approximate cost of your car. plus additional expenses, for the year(don’t worry if it is not exact)?Did you find any of the information surprising? Explain Arts & Humanities Writing ENGL 101 Share QuestionEmailCopy link Comments (0)
