The Hottest Wheels

Nathan Algebra 2 Hour 2

SALARY: $36,000

Max amount of yearly car payment: $3600

Max amount of monthly car payment: $300

Yearly/Monthly Budget

Housing:$12,000/$1,050

Taxes:$9,000/$750

Food:$5,400/$450

Savings:$1,800/$150

Medical:$1,080/$90

Transportation (total= $5,400/$450)

  • payment: $3,600/$360
  • other:$1,800/$150

JEEP COMPASS

I decided to buy a 2014 Jeep Compass for the price of $15,500.

This car has low mileage (22K) and is relatively new at an affordable price for my budget. Not only does the car have good quality within my budget, but also it's the type of car that I was looking for. In my opinion, this car truly has the hottest wheels.

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"Check out This 2014 Jeep Compass on Autotrader." Autotrader. Autotrader, Inc., n.d. Web. 04 May 2015.

What I actually spent on the car over the course of the loan

(283.71)(60)= $17,022. 60

I spent an extra $1522.60 on my car!