Car Buying Project By: Kendrew Chau

The car that I want to buy is a Subaru WRX STI Launch Edition.

Model and Year: 2015 Subaru WRX STI Launch Edition.

Inside of the subaru

Car Dealership: Edmunds

18 MILLION UNIQUE monthly car shoppers TRUST Edmunds.com. Over 4 MILLION VISITORS PER MONTH rely on our mobile site and apps. INFLUENCES 59% OF ALL NEW RETAIL SALES. Edmund is named to be one of the most promised and trusted online review sites .

Standard Features

STI Launch Edition Sedan, (2.5L 4-cyl. Turbo AWD 6-speed Manual)

Screen Shot of Features

No requested options and extra cost.

The final cost of my car is $39,131.

MPG

The price of one gallon is $2.84.

The higway MPG is 23 and the city MPG is 17. The fraction would be 17/23 because there is 17 city to 23 highway.

The cost for gas for a year would be $2,162.

Bank Loan

LightStream is the lending company I use.

The interest rate is 1.99%.

The monthly payment for 60 months would be $685.71.

The total cost of the loan is $685.71*60= $41,142.60.

The total interest cost would be $41,142.60-$39,131.00=$2,011.60.

Pennsylvania Motor Vehicle Commission

Pa State Taxes: $39,131*8%=$3,130.48

Title=$51

Registration=$36

Vehicle Insurance

The company name is State Farm.

Payment Plan Monthly: $66.17

Payment Plan Quartly: $66.17*4=$264.48

Payment Plan Biannually: $66.17*2=$132.34

Payment Plan Anually: $66.17*12=$794.04

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