A New Automobile

Buying a car is not easy. Decisions go far beyond color and how many miles to the gallon. Prices can change drastically by the number if features added to the vehicle or by whether is new or used. Research a new automobile of your choice and write a report that includes a) A description of the auto and why you chose it. Cite where you obtained information ( 120-200 words) b) A table listing all the specification about the auto as well as the price c) Two options for financing detailing terms and conditions d) Formatted amortization schedule for each listing using the financing information from part c e) Two comparable vehicles (one new and one used) listings Include the price and the financing options that were used for that sale. f) A Summary of the “Best Choice” for you and why (Include why it makes financial sense for you now or how it will make financial sense in your future) (120-200 words) g) A financial plan with supporting mathematical calculations for saving the money instead of borrowing it (100-200 words)

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