John has a net monthly income of $1400 and wants to buy a car at a price of $20,000

John's monthly fixed costs are:

$450 rent

Variable monthly expenses are:

$100 savings

$180 food

$100 transportation

$160 Loans

$40 Utilities

$45 entertainment

What are the estimated monthly costs of ownership to John if he buys this car?

Please briefly describe each of the costs of ownership to own and operate the car.