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Honda Accord Sedan Description LX 2.4L 4-cyl. engine Manual transmission Up to 23 cty/33 hwy mpg MP3 Player Side/Curtain Airbags Stability control Traction.

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Presentation on theme: "Honda Accord Sedan Description LX 2.4L 4-cyl. engine Manual transmission Up to 23 cty/33 hwy mpg MP3 Player Side/Curtain Airbags Stability control Traction."— Presentation transcript:

1

2 Honda Accord Sedan

3 Description LX 2.4L 4-cyl. engine Manual transmission Up to 23 cty/33 hwy mpg MP3 Player Side/Curtain Airbags Stability control Traction control

4 Reasons Ample passenger space; excellent visibility; four- cylinder fuel economy; available coupe body style; excellent resale value; a car that is proven to outlast the competition. Fuel economy: 23 city/33 hwy mpg Basic: 3 yr./ 36000 mi. Drivetrain: 5 yr./ 60000 mi.

5 Data My Dream Car Purchase$21,180.00 Sales tax5.10% Total cost$22,260.18 Down payment1500 Amount to borrow$20,760.18 Length of loan48 LenderBank of America Interest rate3.15% Monthly Payment$460.89 Total Cost$23,622.73 Interest Paid$1,362.55

6 Graph

7 Explanation of the data The data and graph show that although the total cost of the car $22,260.18 the real amount that I will be paying is $23,622.73. This means I will pay an additional $1,362.55 to lend the money from my distant relative.


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