PROCESS

TASK PROCESS RESOURCES EVALUATION CONCLUSION

**//PROCESS://** Use the links listed in the “Resources” section to help you to find the following information:

1. Find 2 vehicles that you would be interested in buying (priced $5,000-$10,000).

2. Research the value of both cars (KBB). Find the percent difference (using percent of change formula) of the price of each car versus the value of each car. Show all work.

3. Find the cost of insurance for both vehicles by getting an insurance quote.

4. Research the costs involved regarding maintenance and parts for both vehicles. Find 3 different auto parts and find the difference in price for each vehicle. Show all work.

5. Research the average gas mileage for each vehicle (city and highway).

6. Suppose you get an interest rate of 3.5% for 5 years. This would be applicable for both cars. Determine how much would both cars end up costing you in the end (don't forget the $1,000 down payment!).  You are to do all of this work by hand. Your work will be turned in on a hand-written separate sheet of paper.

7. Find your monthly payments for both vehicles by hand. Show all work.

See the "Conclusion" section for your culminating assignment!