Car Project
Maya Covington P.5
Honda Accord Sedan LX 2015
Back up camera
Bluetooth
Antilock brakes
Mid $22,000 range
Value Shopper- This car isn't cheap but not to expense and has good
quality equipment in the car.
Car Review
Award Finalist: 2015 Best Midsize Car for the Money ,2015 Best Buy Award
Winner,Named One of the 10 Best Cars in America,Top Safety Pick
Other relating cars- 2015 Honda Accord Hybrid and 2015 Toyota Camry
Road Test-
Rankings
Safety- 9.6 out of 10
Reliability- 4 out of 5
Fuel Economy- none
Power and Performance-7.9 out of 10
Comfort- 8 out of 10
Convenience-
Gasonline
Octane 87 regular
$715 for gas per year cty/hwy
Maintenance
On Average an oil change is $80
Average maintenance yearly would cost about 1,030
True Cost of Car
.
Year 1 Year 2 Year 3 Year 4 Year 5 Total
Depreciation 3,067 1,678 1,476 1,308 1,174 8,703
Taxes & Fees 1,307 101 101 101 101 1,711
Financing 633 505 370 230 82 1,820
Fuel 1,284 1,323 1,363 1,403 1,446 6,819
Insurance 699 720 742 764 787 3,712
Maintenance 505 280 1,481 949 1,924 5,139
Repairs 88 213 311 360 419 1,391
True cost to 7,583 4,820 5,844 5,115 5,933 29,295
own
Gotta buy somethings?
Wheel alignment- $106 to $135
Brake Job- $300 t0 $400
Balance of tires-$450
Insurance
A practice or arrangement by which a company or government agency provides a
guarantee of compensation for specified loss, damage, illness, or death in return
for payment of a premium.
Research
Book Value
$17,200
Invoice Price
$25,00
Base Price
$20,00
MSRP
$22,000
Sticker Price
$18,000
Car Payments
LOAN INTEREST RATE SALES TAX LENGTH IN YEARS
(MONTHLY
PAYMENTS)
$306.96 4% 9% 6
$443.00 4% 9% 4
$579.26 4% 9% 3
Total
Car Note $250
Gas $110
Insurance $65
Parking Fee $75
Total $497