My Car Mr Flannery

The Price of a new car Prius 1Prius 2Prius 3Prius 4Prius 5 1.8L 4-cyl. hybrid engine Continuously variable transmission Up to 51 cty/48 hwy mpg MP3 Player Bluetooth Side/Curtain Airbags MP3 Player Stability Control Satellite radio Traction Control Side/Curtain Airbags Satellite radio (Optional)Bluetooth (Optional) Stability Control Satellite radio (OptionalTraction Control Navigation System (Optional) iPod input (Optional) $21,650$23,050 $24,050$26,850$28,320

MSRP versus invoice InvoiceMSRPDifference $20,567$21,650$1,083 $21,667$23,050$1,383 $22,389$24,050$1,661 $24,994$26,850$1,856 $26,362$28,320$1,958

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Used Options

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Recommendations for used

How does mileage impact used car prices with and

My final price estimate Discounted price $23,900 Trade in allowance (500) Sales tax (7.75%) $1,852 Estimated Price $25,252

Financing Monthly payments depend on the duration of the loan and interest rate. Typical durations 24,35,48,60 months Todays rates 3% to 5% Our handouts limit us to 6% to 10% so for example purposes I will use these rates

Monthly Payments $25,500 6%8% 4 years years years years

Monthly Payments $25,500 4%5% 4 years years years years

Operating costs Registration and license fees --assume $100 yearly Gasoline costs assumes miles per year – 6000 highway 6000 city – Mileage rates are 51miles/gal city 48 miles/gal hw – Assume gasoline is 4$/gal Yearly highway gas costs $471 Yearly city gas costs $500

Operating costs Oil changes every 3000 miles – Cost $25 4 times per year $100 Tires every 40,000 – Assume tires are 150/each $600 in 4-5years One battery every 3 years – Assume battery costs $200

Operating costs

Insurance costs $900 yearly – Detail is on previous page

References buying.htm buying.htm Igoogle loan calculator g/howtoregister.html#Step 3