For Sale - 2013 Mercedes-Benz E350

Asking price: $34998!

This car is available for purchase right now!

Matt McGuirk

Buying a Car

60000 * .35 = $21000 – Housing

60000 * .25 = $15000 – Taxes

60000 * .1 =- $6000 – Transportation (1)

60000 * .05 = $3000 – Transportation (2)

60000 * .15 = $9000 – Food

60000 * .05 = $3000 – Savings

60000 * .03 = $1800 – Medical

60000 * .02 = $1200 – Misc.

$6000/12 months = $500 per month on transportation payment

3 year:

$16999.34

4 year: PV =

$22254.51

5 year: PV =

$27316.56

http://www.carmax.com/enus/view-car/default.html?id=11606063&AVi=24&No=20&Rp=R&D=50&zip=66204&N=4294963073&Q=afbfcc97-5a11-42e9-942d-a09d704a381e&Ep=search:results:results%20page

The car I found costs $34998.

Monthly Payments:

3 year: 34998 =

34998 = R (33.998)

$1029.39 = R 3 year

4 year: 34998 =

34998 = R (44.51)

$786.31 = R 4 year

5 year: 34998 =

34998 = R (54.63)

$640.60 = R 5 year

If I chose a 4 year loan, then I will pay:

(786.31)(12*4) = $37742.88