Car Loan

Car Loan Plead

It's time to plead your case why you need a new or different car vehicle.  You need to find three vehicles to purchase. With each of these vehicle, you will need the Year, Make, Model, Picture and Price. This may include car, truck, jeep, SUV, van or motorcycle. 

• • Used - cheap vehicle (approx. under $5,000) 

  • Newer vehicle (less than 5 years old) 

  • Your dream vehicle

No, you can not be given vehicle. You must go and purchase a vehicle.  Even if you have a vehicle sitting at home in your driveway that it supposed to be yours, for this project you must go and purchase a vehicle. It may be a private party sale; does not have to be from a dealership. Even if you think you will never own a vehicle for this project you will be purchasing a vehicle. 

Instructions: 

• 1. Create an excel file to display each of your vehicles with their information (Year, Make, Model, Picture and Price). See below for an idea on how to set it up. 

  2. Find the Monthly payment using the PMT function, total amount paid and total interest paid per vehicle. The interest rate will be 6% on a four year loan. See below for more information about the PMT function. 

  3.  In a paragraph below each vehicle you must explain why this vehicle is needed and/or why you chose this vehicle. 

  4. Design your excel file to be appeasing to the eyes and your best to make it fit to one page.