1. Can you afford a car?
Automobile Simulation

2. Can you afford a car? Part I: #1 Part I: #2
Pick any type of car between the cost of $8,000- $20,000
Think about what you will need it for and the cost to insure
Part I: #2
Make- Company Name
Model- Type of Car and trim
Year
Asking price
Mileage
Color
Location

3. Part I: #3 What is Kelley Blue Book?
KBB: Kelley Blue Book Value
WHAT PEOPLE ARE REALLY PAYING FOR THIS VEHICLE
MSRP: Manufacturers Suggested Retailed Price
Price set by the Manufacturer
New Cars:
MSRP
Invoice Price – what auto manufactures charge dealers
New Car Kelley Blue Book Value
Used Cars:
Suggested Retail in Excellent or Good Condition

4. New Car KBB Value:
MSRP
INVOICE
What people are really paying!!!

5. Used Car: Suggested Retail Value
dealer's asking price and the starting point for negotiation.

6. Part 1: #4 How do you compute the loan?
TOTAL PRICE- DOWN PAYMENT= LOAN AMOUNT
This is the amount you will borrow
It is your principal
You will use the asking price

7. Part I: #5 sales tax, title & registration
Click Motor Vehicle License to the left
Choose calculate sales tax
Select: St. Louis County
Select: City
Click the drop down and choose the city you live in

8. Part I: #6 Find your Monthly Payments
We will use an interest calculator
FIND YOUR LOAN AMOUNT FROM #4
Click on CALCULATORS
Select Monthly Auto Loan Payment

9. Insurance
Use the information below as you go eSurance.com to get quotes/ estimates/ costs/ prices/ premiums for insurance coverage:
63017, go
1 car, 1 driver, heard about via “other”, no current insurance, next
year, make, model, commuting to work/school, mileage 5,000- $10,000 financed, next
Joe or Jane, 1/1/1989 or 1984, male or female, single, 16, SKIP OPTIONAL BOXES, no violations, next
check anti-theft box, do not check specialized occupations box, next
30 days or less
369 N Woods Mill Rd., Chesterfield MO 63017
basic, 1,000, 1,000, no, get my quote

10. Look at the 6 month Premium…