My name is Colin Martin, I’m a sophomore in High school I already have a big sum of money saved up for a car I babysit most weekends for money I have a.

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Presentation transcript:

My name is Colin Martin, I’m a sophomore in High school I already have a big sum of money saved up for a car I babysit most weekends for money I have a summer job (swim coach for little kids) No parental financial aid

 The car that I’m going to get is a Used 2003 Nissan 350Z Performance Coupe 2D with a amped up sound system  It has 104,265 miles and runs great  $9,375  I want this car because it looks great and is fast

 I will pay for car with the money I already have and the money from my new summer job.  I will pay for the gas, maintenance fees, and insurance with the babysitting job I have during the school year.

 I will not finance anything. I will take all the money I have and the money I will earn over the summer and buy the car in full so I don’t have to worry about interest.  If I were to finance I would probably go to my parents, negotiate a plan with them (without interest) and type up a contract.

I would get 4 types of insurance:  Bodily Injury Liability  Property Liability  Comprehensive & Collision  Uninsured Motorist Coverage

 I will maintain my car by taking it in the shop every 5,000-10,000 miles or when needed especially because it already has almost 100,000 miles on it  I will drive cautiously  I will change oil and other car parts (that need changing) every 3,000 miles or when needed.  I will change tires when the tread is worn off

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