Let's Buy A Car
Casey Mitchell
228i Coupe, BMW
228i Coupe, BMW
How Much?
Original Cost:
$38,925
After Fees:
$40,292.75
Finance Options
| Number of Months | Number of Years |
Interest Rate Percent | Total Amount Paid | Monthly Payments | Total Interest Paid |
|---|---|---|---|---|---|
| 36 | 3.0 | 3.25% | $44,419.19 | $1,233.87 | $4,126.44 |
| 42 | 3.5 | 3.75% | $45,944.92 | $1,093.93 | $5,652.17 |
| 48 | 4.0 | 4.25% | $47,759.19 | $994.98 | $7,466.44 |
| 54 | 4.5 | 5.00% | $50,459.53 | $934.44 | $10,166.78 |
| 60 | 5.0 | 6.25% | $55,073.66 | $917.90 | $14,789.91 |
| 72 | 6.0 | 7.00% | $61,324.02 | $851.72 | $21,031.27 |
| 84 | 7.0 | 7.25% | $66,931.63 | $796.81 | $26,638.88 |
My Choice
36 Months at 3.25% Interest Rate
- Future job
- $6,000 a month
- Trade-In Value
Trade-In Factors
- Wear-And-Tear
- Interior
- Exterior
- Market
-
Age of Car
- Younger = More Value
- Older = Less Value
- "Not Luxury" vs. "Luxury"
- Honda vs. Mercedes Benz
228i Coupe, BMW
By Casey Mitchell
