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Car Presentation

By: Rachel Gaines

Car 2

2010 Chrysler 300 series touring , midsize and cost $11,480. Miles per gallon for city is 17 , highway is 25 and combined is 21. Gallons used per year is 571.4 . With gas being $2.38 I would spend $1,359 a yr and a month I would spend $113.25. My monthly car payment would be $216.64 and the monthly insurance would be $66. That leaves me to spending $1,754.89 on this car

Car #1

My first choice in cars is a 2013 Buick Verano it is a midsize car it cost $13,250. Miles per gallon in the city is 21 on the highway it is 32 and combined 26.5. Gallons I would use per yr is 425.8. Gas cost $2.38 . I would $1,077.6 a year on gas if i were to drive this car and per month would be $89.8 . My monthly car payment is $250.04 and the monthly insurance is $62 so my total will be $1,479.44

What I choose and why

I chose car 2 because I have enough for it even though its more then car 1 I really like car 2 it is more suitable for me. Both of these cars burn sort of a lot of gas so they do create a lot of polution. I struggled trying to chose which car because I like both and car 1 would be good in case I add more members to my family

Determining my budget

After i calculated housing which is $3,510

Food : $600

Savings : $1,170

Insurance : $2,340

Miscellaneous : $819 it leaves me with only $3,261 that I have left for my monthly payment for a car and insurance

Who I Am

I am 30 years of age with only two people in my household. My annual gross income is $180,000 a year but my monthly gross income is $15,000 a month but estimated with taxes that rounds up to $3,300 a month. My monthly take home ends up to being $11,700

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