1984 Camaro

It's awesome.

Teacher - $50,000

Budgeting Guidelines:

Housing: $17,500

Transportation: $7,500-10,000

Food: $5,000-10,000

Debt Payments: $2,500-7,500

Personal/Disc: $2,500-$5,000

Savings: $2,500-5,000

Utilities, $2,500

Clothing: $1,500-2,500

Medical: $1,500

Used 1984 Chevrolet Camaro Z28 Convertible $8,000

Car Information

Total cost of car: $8,000

Interest Rate: 2.39%

Minimum Payment: $142 for 60 months


Total amount that can be afforded for a car: $50,000 (based on a 60 month loan)

References

By: Rachel Seitz and Sidney Robinson Hour 3